Compass Financial Management LLC purchased a new stake in Dominion Energy Inc. (NYSE:D – Free Report) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 16,692 shares of the utilities provider’s stock, valued at approximately $1,141,000.
A number of other institutional investors also recently modified their holdings of the company. Motiv8 Investments LLC acquired a new stake in Dominion Energy in the 4th quarter valued at approximately $25,000. Triumph Capital Management bought a new stake in Dominion Energy in the 3rd quarter valued at approximately $28,000. Frazier Financial Advisors LLC acquired a new position in Dominion Energy during the 2nd quarter worth approximately $31,000. Beacon Financial Strategies CORP grew its stake in shares of Dominion Energy by 269.2% during the 2nd quarter. Beacon Financial Strategies CORP now owns 480 shares of the utilities provider’s stock worth $33,000 after acquiring an additional 350 shares in the last quarter. Finally, Blueline Advisors LLC bought a new position in shares of Dominion Energy during the 4th quarter worth approximately $28,000. 73.04% of the stock is currently owned by institutional investors.
Key Stories Impacting Dominion Energy Here are the key news stories impacting Dominion Energy this week:
Positive Sentiment: Dominion shareholders approved the proposed $66.8 billion all-stock merger with NextEra Energy by an overwhelming margin, with approximately 671.3 million votes in favor. The approval removes a major transaction hurdle and supports the companies’ expected long-term strategic combination. Dominion Energy secures shareholder approval for merger with NextEra Neutral Sentiment: A Virginia panel backed a Dominion gas plant that could improve generation capacity and reliability, but the project may add a long-term charge to customers’ electric bills. The potential infrastructure benefit is therefore balanced by affordability concerns. Virginia panel backs Dominion gas plant Negative Sentiment: Arlington County plans to intervene in the merger review, citing rising electric bills and seeking greater scrutiny of the transaction. Other advocacy groups and Virginia officials are also requesting answers about how the merger could affect rates, increasing the risk of delays or additional conditions. Arlington to intervene in Dominion-NextEra merger Negative Sentiment: Dominion Power proposed a rate increase to recover approximately $922 million in fuel costs. Higher customer bills, repeated outage complaints and opposition to new transmission land acquisitions could intensify political and regulatory pressure on the utility. Dominion Power proposes price hike Dominion Energy Stock Performance Shares of D opened at $65.72 on Monday. The firm has a 50-day moving average of $68.76 and a 200-day moving average of $65.83. Dominion Energy Inc. has a one year low of $55.85 and a one year high of $72.99. The company has a market cap of $57.80 billion, a PE ratio of 22.90, a price-to-earnings-growth ratio of 3.07 and a beta of 0.64. The company has a debt-to-equity ratio of 1.43, a current ratio of 0.81 and a quick ratio of 0.64. Dominion Energy (NYSE:D – Get Free Report) last released its quarterly earnings data on Friday, July 31st. The utilities provider reported $0.79 earnings per share for the quarter, topping the consensus estimate of $0.68 by $0.11. Dominion Energy had a net margin of 13.98% and a return on equity of 9.62%. The company had revenue of $4.48 billion for the quarter, compared to analyst estimates of $4.04 billion. During the same period in the previous year, the business earned $0.75 EPS. Dominion Energy’s revenue for the quarter was up 17.6% compared to the same quarter last year. Dominion Energy has set its FY 2026 guidance at 3.450-3.690 EPS. As a group, equities analysts forecast that Dominion Energy Inc. will post 3.57 earnings per share for the current year.
Dominion Energy Dividend Announcement The firm also recently disclosed a quarterly dividend, which will be paid on Sunday, September 20th. Shareholders of record on Friday, September 4th will be paid a $0.6675 dividend. The ex-dividend date is Friday, September 4th. This represents a $2.67 annualized dividend and a yield of 4.1%. Dominion Energy’s dividend payout ratio is currently 93.03%.
Analysts Set New Price Targets D has been the topic of a number of research reports. Royal Bank Of Canada boosted their price objective on shares of Dominion Energy from $66.00 to $72.00 and gave the stock a “sector perform” rating in a research report on Tuesday, May 19th. Morgan Stanley decreased their target price on shares of Dominion Energy from $71.00 to $68.00 and set an “equal weight” rating for the company in a research report on Friday, August 21st. Mizuho lifted their price target on shares of Dominion Energy from $66.00 to $72.00 and gave the company a “neutral” rating in a research note on Tuesday, May 26th. Seaport Research Partners cut shares of Dominion Energy from a “buy” rating to a “hold” rating in a research report on Wednesday, May 20th. Finally, Wells Fargo & Company increased their price objective on shares of Dominion Energy from $66.00 to $68.00 and gave the stock an “overweight” rating in a research note on Friday, May 15th. Five analysts have rated the stock with a Buy rating, nine have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $69.93.
Read Our Latest Analysis on Dominion Energy
Dominion Energy Company Profile (Free Report)
Dominion Energy, Inc, headquartered in Richmond, Virginia, is a diversified energy company that primarily operates regulated electricity and natural gas utilities and develops energy infrastructure. The company’s core activities include the generation, transmission and distribution of electricity to residential, commercial and industrial customers, as well as the purchase, storage and delivery of natural gas. Dominion combines traditional utility operations with energy infrastructure businesses to provide essential services across its service territories.
Dominion’s electricity portfolio spans multiple technologies and fuel sources, including nuclear, natural gas-fired generation and renewable resources such as utility-scale solar and wind.
Further Reading Five stocks we like better than Dominion Energy AI Token Costs Are Changing the Hardware vs. Software Debate 3 ETFs That Could Move as Rate Expectations Shift 3 Stocks With September Catalysts Investors Shouldn’t Ignore Ollie’s Bargain Outlet Stock Falls on Weak Comps Despite Margin Gains Want to see what other hedge funds are holding D? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Dominion Energy Inc. (NYSE:D – Free Report).
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Key Takeaways D-Wave Quantum's Q2 revenues held at $3.1M, while commercial customers accounted for 62.4% of sales.QCaaS subscription revenues rose 50% to $1.9M, while first-half bookings surged 1,120%. Remaining performance obligations jumped 668% to $40.7M, with 57% expected within 12 months. D-Wave Quantum Inc. (QBTS - Free Report) is showing improving commercial momentum despite second-quarter 2026 revenues remaining essentially flat at $3.1 million. Commercial customers represented 62.4% of second-quarter revenues versus 45.1% a year earlier. QCaaS subscription revenues rose 50% to $1.9 million, while first-half bookings surged 1,120%, including a $20 million annealing system sale to Florida Atlantic University.
Revenue visibility also strengthened, with remaining performance obligations rising 668% to $40.7 million. About 57% of this backlog is expected to be recognized within the next 12 months. Commercial enterprises accounted for 62.4% of second-quarter revenues versus 45.1% a year earlier. Production applications accounted for 37.3% of first-half QCaaS revenues versus 9.8% in the prior-year period.
D-Wave is also advancing its gate-model roadmap, with a 17-qubit dual-rail system targeted for year-end and longer-term milestones aimed at achieving fault-tolerant computing. Together, rising bookings, backlog and production adoption provide a stronger pathway from quantum research to broader commercial applications.
Peer UpdateQuantum Computing (QUBT - Free Report) or QCi’s second-quarter 2026 revenues climbed to $5.6 million from $61,000 a year earlier and $3.7 million in the first quarter, with all business units contributing.
QCi also sold, delivered and installed its DIRAC-3 quantum optimization system at a global consulting firm, while its NeuraWave platform reached deployment readiness. In addition, a framework agreement with Planck Dynamics provides for the potential deployment of multiple dozens of systems as customer milestones are achieved.
Rigetti’s (RGTI - Free Report) second-quarter results reinforced its execution-focused investment case, as revenues rose 185% year over year to $5.1 million, driven by on-premises Novera QPU sales. The company also advanced its 108-qubit Cepheus-1 platform, reaffirmed its chiplet-based roadmap toward 1,000 qubits, and secured a letter of intent from the U.S. Department of Commerce for up to $100 million in potential CHIPS Act funding.
QBTS’ Price PerformanceOver the past year, QBTS’ shares have risen 10.9%, far outpacing the broader Internet Software industry’s 12.6% decline.
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QBTS’ Expensive ValuationQBTS currently trades at a forward 12-month Price-to-Sales (P/S) of 90.60X compared with the industry average of 3.97X.
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QBTS Stock Estimate TrendIn the past 30 days, the company’s loss per share estimate for 2026 has moved south to 29 cents.
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QBTS stock currently has a Zacks Rank #4 (Sell). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Electric power transmission pylon miniatures and Dominion Energy logo are seen in this illustration taken, December 9, 2022. REUTERS/Dado Ruvic/Illustration Purchase Licensing Rights, opens new tab
CompaniesSept 3 (Reuters) - Dominion Energy (D.N), opens new tab said in a regulatory filing on Thursday that its shareholders approved the utility's previously announced $66.8 billion merger with NextEra Energy (NEE.N), opens new tab at a special meeting, with 671.32 million votes cast in favor of the deal.
The companies had announced their plan to merge in May, which is expected to create one of the world's largest electric utilities during an expansion of energy-intensive data centers to support artificial intelligence.
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Virginia-based Dominion serves the largest concentration of data centers globally.
A resurgence in electricity demand and the growing electrification of transportation and other industries has sparked a wave of major utility mergers in recent years after nearly two decades of stagnant power consumption.
The deal, which is pending regulatory approvals, will create the third-biggest U.S. energy company, behind oil majors Exxon Mobil (XOM.N), opens new tab and Chevron (CVX.N), opens new tab, and an entity with an enterprise value topping the next two largest U.S. power companies combined.
Virginia Governor Abigail Spanberger said in August she would intervene in the regulatory review of NextEra's merger with Dominion, pressing for commitments on electric bill affordability, job protections and clean energy investments.
The governor said she would formally become a party to the case before the Virginia State Corporation Commission, giving her access to filings and the ability to raise questions and concerns about the transaction.
While Maine Governor Janet Mills also said in the same month that the deal would give NextEra excessive control over New England energy assets, limit competition and make it harder to lower energy costs.
A Maine legislation in April had imposed a moratorium on new data centers as concerns grew over their impact on power bills and the environment.
Reporting by Pooja Menon in Bengaluru; Editing by Shailesh Kuber
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Dominion Energy (NYSE:D – Get Free Report) and Consolidated Edison (NYSE:ED – Get Free Report) are both large-cap utilities companies, but which is the superior stock? We will contrast the two companies based on the strength of their dividends, earnings, valuation, risk, profitability, institutional ownership and analyst recommendations.
Analyst Recommendations This is a breakdown of recent recommendations and price targets for Dominion Energy and Consolidated Edison, as provided by MarketBeat.
Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score Dominion Energy 1 9 5 0 2.27 Consolidated Edison 6 6 3 0 1.80 Dominion Energy presently has a consensus price target of $69.93, suggesting a potential upside of 6.76%. Consolidated Edison has a consensus price target of $108.93, suggesting a potential upside of 1.43%. Given Dominion Energy’s stronger consensus rating and higher probable upside, research analysts plainly believe Dominion Energy is more favorable than Consolidated Edison.
Earnings and Valuation This table compares Dominion Energy and Consolidated Edison”s gross revenue, earnings per share (EPS) and valuation. Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio Dominion Energy $18.12 billion 3.18 $3.00 billion $2.87 22.82 Consolidated Edison $16.92 billion 2.35 $2.02 billion $6.09 17.64 Dominion Energy has higher revenue and earnings than Consolidated Edison. Consolidated Edison is trading at a lower price-to-earnings ratio than Dominion Energy, indicating that it is currently the more affordable of the two stocks.
Dividends Dominion Energy pays an annual dividend of $2.67 per share and has a dividend yield of 4.1%. Consolidated Edison pays an annual dividend of $3.55 per share and has a dividend yield of 3.3%. Dominion Energy pays out 93.0% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. Consolidated Edison pays out 58.3% of its earnings in the form of a dividend. Consolidated Edison has raised its dividend for 52 consecutive years.
Institutional & Insider Ownership 73.0% of Dominion Energy shares are held by institutional investors. Comparatively, 66.3% of Consolidated Edison shares are held by institutional investors. 0.1% of Dominion Energy shares are held by insiders. Comparatively, 0.2% of Consolidated Edison shares are held by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company is poised for long-term growth.
Profitability This table compares Dominion Energy and Consolidated Edison’s net margins, return on equity and return on assets.
Net Margins Return on Equity Return on Assets Dominion Energy 13.98% 9.62% 2.64% Consolidated Edison 12.53% 8.44% 2.83% Volatility & Risk Dominion Energy has a beta of 0.65, suggesting that its stock price is 35% less volatile than the S&P 500. Comparatively, Consolidated Edison has a beta of 0.27, suggesting that its stock price is 73% less volatile than the S&P 500.
Summary Dominion Energy beats Consolidated Edison on 12 of the 17 factors compared between the two stocks.
(Get Free Report)
Dominion Energy, Inc. produces and distributes energy in the United States. It operates through three operating segments: Dominion Energy Virginia, Dominion Energy South Carolina, and Contracted Energy. The Dominion Energy Virginia segment generates, transmits, and distributes regulated electricity to approximately 2.8 million residential, commercial, industrial, and governmental customers in Virginia and North Carolina. The Dominion Energy South Carolina segment generates, transmits, and distributes electricity to approximately 0.8 million customers in the central, southern, and southwestern portions of South Carolina; and distributes natural gas to approximately 0.4 million residential, commercial, and industrial customers in South Carolina. The Contracted Energy segment is involved in the nonregulated long-term contracted renewable electric generation and renewable natural gas facility. As of December 31, 2023, the company's portfolio of assets included approximately 29.5 gigawatt of electric generating capacity; 10,600 miles of electric transmission lines; 79,300 miles of electric distribution lines; and 94,800 miles of gas distribution mains and related service facilities. The company was formerly known as Dominion Resources, Inc. Dominion Energy, Inc. was incorporated in 1983 and is headquartered in Richmond, Virginia.
About Consolidated Edison (Get Free Report)
Consolidated Edison, Inc., through its subsidiaries, engages in the regulated electric, gas, and steam delivery businesses in the United States. It offers electric services to approximately 3.7 million customers in New York City and Westchester County; gas to approximately 1.1 million customers in Manhattan, the Bronx, parts of Queens, and Westchester County; and steam to approximately 1,530 customers in parts of Manhattan. The company also supplies electricity to approximately 0.3 million customers in southeastern New York and northern New Jersey; and gas to approximately 0.2 million customers in southeastern New York. In addition, it operates 545 circuit miles of transmission lines; 15 transmission substations; 63 distribution substations; 90,051 in-service line transformers; 3,788 pole miles of overhead distribution lines; and 2,314 miles of underground distribution lines, as well as 4,363 miles of mains and 380,870 service lines for natural gas distribution. Further, the company invests in electric and gas transmission projects. It primarily sells electricity to industrial, commercial, residential, and government customers. Consolidated Edison, Inc. was founded in 1823 and is based in New York, New York.
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Representative Raja Krishnamoorthi (D) says the Iran war is depleting key US munitions and pulling military assets from the Indo Pacific, potentially weakening deterrence against China as concerns over Taiwan grow. While on Bloomberg This Weekend, the Illinois Democrat also criticized the administration's trade fight with Canada and Venezuela oil policy while calling for more US assistance to Nepal following catastrophic flooding.
Allworth Financial LP purchased a new stake in Dominion Energy Inc. (NYSE:D – Free Report) during the second quarter, according to its most recent Form 13F filing with the SEC. The fund purchased 30,038 shares of the utilities provider’s stock, valued at approximately $2,051,000.
Other large investors have also recently made changes to their positions in the company. Brighton Jones LLC grew its holdings in shares of Dominion Energy by 64.3% in the fourth quarter. Brighton Jones LLC now owns 9,081 shares of the utilities provider’s stock valued at $489,000 after purchasing an additional 3,553 shares in the last quarter. Empowered Funds LLC boosted its position in Dominion Energy by 8.3% in the 1st quarter. Empowered Funds LLC now owns 17,571 shares of the utilities provider’s stock valued at $985,000 after buying an additional 1,344 shares during the period. Woodline Partners LP boosted its position in Dominion Energy by 40.7% in the 1st quarter. Woodline Partners LP now owns 70,968 shares of the utilities provider’s stock valued at $3,979,000 after buying an additional 20,522 shares during the period. Intech Investment Management LLC grew its stake in shares of Dominion Energy by 71.2% in the first quarter. Intech Investment Management LLC now owns 30,460 shares of the utilities provider’s stock worth $1,708,000 after acquiring an additional 12,663 shares in the last quarter. Finally, Schnieders Capital Management LLC. increased its position in shares of Dominion Energy by 9.5% during the second quarter. Schnieders Capital Management LLC. now owns 124,573 shares of the utilities provider’s stock worth $7,041,000 after acquiring an additional 10,775 shares during the period. 73.04% of the stock is currently owned by institutional investors and hedge funds.
Dominion Energy Stock Performance Shares of D opened at $66.64 on Friday. The company’s 50 day simple moving average is $69.22 and its 200-day simple moving average is $65.61. The firm has a market cap of $58.61 billion, a PE ratio of 23.22 and a beta of 0.65. Dominion Energy Inc. has a 12-month low of $55.85 and a 12-month high of $72.99. The company has a current ratio of 0.81, a quick ratio of 0.64 and a debt-to-equity ratio of 1.43.
Dominion Energy (NYSE:D – Get Free Report) last released its quarterly earnings results on Friday, July 31st. The utilities provider reported $0.79 EPS for the quarter, beating the consensus estimate of $0.68 by $0.11. Dominion Energy had a net margin of 13.98% and a return on equity of 9.62%. The firm had revenue of $4.48 billion during the quarter, compared to the consensus estimate of $4.04 billion. During the same quarter in the prior year, the firm earned $0.75 EPS. Dominion Energy’s revenue for the quarter was up 17.6% on a year-over-year basis. Dominion Energy has set its FY 2026 guidance at 3.450-3.690 EPS. As a group, equities analysts predict that Dominion Energy Inc. will post 3.57 EPS for the current year. Dominion Energy Dividend Announcement The business also recently disclosed a quarterly dividend, which will be paid on Sunday, September 20th. Shareholders of record on Friday, September 4th will be given a dividend of $0.6675 per share. This represents a $2.67 dividend on an annualized basis and a yield of 4.0%. The ex-dividend date of this dividend is Friday, September 4th. Dominion Energy’s dividend payout ratio (DPR) is presently 93.03%.
Dominion Energy News Roundup Here are the key news stories impacting Dominion Energy this week:
Positive Sentiment: TD Cowen upgraded Dominion Energy, citing what it views as favorable odds for the NextEra transaction and additional upside potential. TD Cowen Just Upgraded Dominion Energy. Here’s Why. Positive Sentiment: Dominion said it expects to receive a refund related to tariffs imposed during the Trump administration. The reimbursement could provide a modest cash-flow benefit. Dominion says they’re getting a Trump Tariff refund Neutral Sentiment: Morgan Stanley lowered its Dominion price target from $71 to $68 and assigned an “equal weight” rating. The revised target still implies limited upside, but the reduction signals more cautious expectations. Morgan Stanley lowers Dominion Energy price target Neutral Sentiment: Analysts collectively maintain a “Hold” consensus rating, suggesting Wall Street sees a relatively balanced risk-reward profile. Dominion Energy receives consensus Hold rating Negative Sentiment: The proposed NextEra merger continues to face political and regulatory scrutiny. Virginia, Maine and Massachusetts officials have raised concerns about competition and potential increases in energy costs, while South Carolina regulators are examining the transaction timeline. These objections could delay approval, increase required concessions or reduce the deal’s expected benefits. Maine governor raises concerns about NextEra-Dominion merger Negative Sentiment: Local homeowners are opposing a Dominion power-line project, citing potentially significant costs and property impacts. The dispute adds reputational and permitting risk, although its direct financial effect remains unclear. Ashburn homeowners oppose Dominion power line Wall Street Analysts Forecast Growth Several analysts have recently issued reports on the company. Barclays reduced their price objective on Dominion Energy from $70.00 to $69.00 and set an “overweight” rating on the stock in a research note on Tuesday, June 23rd. UBS Group set a $80.00 price objective on shares of Dominion Energy in a research report on Wednesday. TD Cowen upgraded shares of Dominion Energy from a “hold” rating to a “buy” rating and boosted their target price for the stock from $69.00 to $80.00 in a research note on Wednesday. Morgan Stanley dropped their target price on Dominion Energy from $71.00 to $68.00 and set an “equal weight” rating on the stock in a report on Friday. Finally, Mizuho upped their price objective on Dominion Energy from $66.00 to $72.00 and gave the stock a “neutral” rating in a research report on Tuesday, May 26th. Five investment analysts have rated the stock with a Buy rating, nine have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and an average target price of $69.93.
Check Out Our Latest Stock Analysis on D
Dominion Energy Company Profile (Free Report)
Dominion Energy, Inc, headquartered in Richmond, Virginia, is a diversified energy company that primarily operates regulated electricity and natural gas utilities and develops energy infrastructure. The company’s core activities include the generation, transmission and distribution of electricity to residential, commercial and industrial customers, as well as the purchase, storage and delivery of natural gas. Dominion combines traditional utility operations with energy infrastructure businesses to provide essential services across its service territories.
Dominion’s electricity portfolio spans multiple technologies and fuel sources, including nuclear, natural gas-fired generation and renewable resources such as utility-scale solar and wind.
Recommended Stories Five stocks we like better than Dominion Energy Blueprint for a Boom: SEC Clears the Crypto Runway Ross Stores Just Flipped the Off-Price Retail Story After TJX’s Marmaxx Miss Advance Auto Parts Plunged, But Its Turnaround Is Still Working Is Palo Alto Networks Priced for Perfection Again as AI Security Demand Accelerates? Want to see what other hedge funds are holding D? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Dominion Energy Inc. (NYSE:D – Free Report).
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Advisors Capital Management LLC acquired a new stake in Dominion Energy Inc. (NYSE:D – Free Report) during the second quarter, according to its most recent filing with the SEC. The firm acquired 10,014 shares of the utilities provider’s stock, valued at approximately $684,000.
Other large investors have also recently bought and sold shares of the company. Motiv8 Investments LLC purchased a new position in shares of Dominion Energy during the 4th quarter worth about $25,000. Triumph Capital Management acquired a new stake in shares of Dominion Energy during the 3rd quarter worth $28,000. Frazier Financial Advisors LLC acquired a new stake in shares of Dominion Energy during the 2nd quarter worth $31,000. Beacon Financial Strategies CORP raised its position in shares of Dominion Energy by 269.2% in the 2nd quarter. Beacon Financial Strategies CORP now owns 480 shares of the utilities provider’s stock worth $33,000 after buying an additional 350 shares during the period. Finally, Blueline Advisors LLC purchased a new position in shares of Dominion Energy in the 4th quarter worth about $28,000. Hedge funds and other institutional investors own 73.04% of the company’s stock.
Dominion Energy News Roundup Here are the key news stories impacting Dominion Energy this week:
Positive Sentiment: TD Cowen upgraded Dominion Energy, citing what it views as favorable odds for the NextEra transaction and additional upside potential. TD Cowen Just Upgraded Dominion Energy. Here’s Why. Positive Sentiment: Dominion said it expects to receive a refund related to tariffs imposed during the Trump administration. The reimbursement could provide a modest cash-flow benefit. Dominion says they’re getting a Trump Tariff refund Neutral Sentiment: Morgan Stanley lowered its Dominion price target from $71 to $68 and assigned an “equal weight” rating. The revised target still implies limited upside, but the reduction signals more cautious expectations. Morgan Stanley lowers Dominion Energy price target Neutral Sentiment: Analysts collectively maintain a “Hold” consensus rating, suggesting Wall Street sees a relatively balanced risk-reward profile. Dominion Energy receives consensus Hold rating Negative Sentiment: The proposed NextEra merger continues to face political and regulatory scrutiny. Virginia, Maine and Massachusetts officials have raised concerns about competition and potential increases in energy costs, while South Carolina regulators are examining the transaction timeline. These objections could delay approval, increase required concessions or reduce the deal’s expected benefits. Maine governor raises concerns about NextEra-Dominion merger Negative Sentiment: Local homeowners are opposing a Dominion power-line project, citing potentially significant costs and property impacts. The dispute adds reputational and permitting risk, although its direct financial effect remains unclear. Ashburn homeowners oppose Dominion power line Dominion Energy Price Performance NYSE:D opened at $66.64 on Friday. The company has a debt-to-equity ratio of 1.43, a current ratio of 0.81 and a quick ratio of 0.64. Dominion Energy Inc. has a one year low of $55.85 and a one year high of $72.99. The company has a fifty day moving average price of $69.22 and a 200 day moving average price of $65.61. The stock has a market cap of $58.61 billion, a P/E ratio of 23.22 and a beta of 0.65. Dominion Energy (NYSE:D – Get Free Report) last announced its quarterly earnings data on Friday, July 31st. The utilities provider reported $0.79 earnings per share for the quarter, topping the consensus estimate of $0.68 by $0.11. The company had revenue of $4.48 billion for the quarter, compared to analyst estimates of $4.04 billion. Dominion Energy had a return on equity of 9.62% and a net margin of 13.98%.Dominion Energy’s revenue for the quarter was up 17.6% compared to the same quarter last year. During the same quarter last year, the firm earned $0.75 EPS. Dominion Energy has set its FY 2026 guidance at 3.450-3.690 EPS. Analysts anticipate that Dominion Energy Inc. will post 3.57 earnings per share for the current year.
Dominion Energy Announces Dividend The firm also recently disclosed a quarterly dividend, which will be paid on Sunday, September 20th. Shareholders of record on Friday, September 4th will be paid a $0.6675 dividend. The ex-dividend date of this dividend is Friday, September 4th. This represents a $2.67 dividend on an annualized basis and a yield of 4.0%. Dominion Energy’s payout ratio is currently 93.03%.
Wall Street Analyst Weigh In Several equities research analysts recently issued reports on the stock. Wall Street Zen downgraded shares of Dominion Energy from a “hold” rating to a “sell” rating in a research note on Saturday, May 16th. Royal Bank Of Canada upped their target price on Dominion Energy from $66.00 to $72.00 and gave the company a “sector perform” rating in a research report on Tuesday, May 19th. Jefferies Financial Group upgraded Dominion Energy from a “hold” rating to a “buy” rating and increased their target price for the company from $65.00 to $76.00 in a research note on Thursday, May 28th. Truist Financial reduced their price objective on Dominion Energy from $68.00 to $66.00 and set a “hold” rating on the stock in a research note on Thursday, August 13th. Finally, BMO Capital Markets boosted their target price on shares of Dominion Energy from $64.00 to $70.00 and gave the company a “market perform” rating in a research note on Wednesday, July 22nd. Five research analysts have rated the stock with a Buy rating, nine have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $69.93.
Check Out Our Latest Analysis on Dominion Energy
Dominion Energy Company Profile (Free Report)
Dominion Energy, Inc, headquartered in Richmond, Virginia, is a diversified energy company that primarily operates regulated electricity and natural gas utilities and develops energy infrastructure. The company’s core activities include the generation, transmission and distribution of electricity to residential, commercial and industrial customers, as well as the purchase, storage and delivery of natural gas. Dominion combines traditional utility operations with energy infrastructure businesses to provide essential services across its service territories.
Dominion’s electricity portfolio spans multiple technologies and fuel sources, including nuclear, natural gas-fired generation and renewable resources such as utility-scale solar and wind.
Further Reading Five stocks we like better than Dominion Energy Blueprint for a Boom: SEC Clears the Crypto Runway Ross Stores Just Flipped the Off-Price Retail Story After TJX’s Marmaxx Miss Advance Auto Parts Plunged, But Its Turnaround Is Still Working Is Palo Alto Networks Priced for Perfection Again as AI Security Demand Accelerates?
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Altman Advisors Inc. acquired a new stake in shares of Dominion Energy Inc. (NYSE:D – Free Report) in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 26,019 shares of the utilities provider’s stock, valued at approximately $1,777,000.
A number of other institutional investors and hedge funds have also made changes to their positions in the company. Vise Technologies Inc. purchased a new stake in Dominion Energy during the second quarter valued at about $3,031,000. E Fund Management Co. Ltd. acquired a new position in shares of Dominion Energy in the 2nd quarter valued at about $204,000. MSH Capital Advisors LLC acquired a new stake in Dominion Energy during the 2nd quarter worth approximately $286,000. MidAtlantic Capital Management Inc. purchased a new position in Dominion Energy in the second quarter valued at approximately $245,000. Finally, Frazier Financial Advisors LLC purchased a new position in Dominion Energy in the second quarter valued at approximately $31,000. 73.04% of the stock is currently owned by institutional investors and hedge funds.
Dominion Energy Stock Down 1.3% Shares of NYSE:D opened at $67.38 on Friday. The company has a quick ratio of 0.64, a current ratio of 0.81 and a debt-to-equity ratio of 1.43. Dominion Energy Inc. has a 52-week low of $55.85 and a 52-week high of $72.99. The company has a 50 day moving average of $69.24 and a two-hundred day moving average of $65.61. The company has a market capitalization of $59.26 billion, a price-to-earnings ratio of 23.48 and a beta of 0.65.
Dominion Energy (NYSE:D – Get Free Report) last posted its earnings results on Friday, July 31st. The utilities provider reported $0.79 EPS for the quarter, topping analysts’ consensus estimates of $0.68 by $0.11. The business had revenue of $4.48 billion for the quarter, compared to analysts’ expectations of $4.04 billion. Dominion Energy had a net margin of 13.98% and a return on equity of 9.62%. The business’s revenue for the quarter was up 17.6% compared to the same quarter last year. During the same period in the previous year, the company posted $0.75 earnings per share. Dominion Energy has set its FY 2026 guidance at 3.450-3.690 EPS. As a group, analysts forecast that Dominion Energy Inc. will post 3.57 earnings per share for the current fiscal year. Dominion Energy Announces Dividend The firm also recently disclosed a quarterly dividend, which will be paid on Sunday, September 20th. Shareholders of record on Friday, September 4th will be paid a dividend of $0.6675 per share. This represents a $2.67 dividend on an annualized basis and a yield of 4.0%. The ex-dividend date is Friday, September 4th. Dominion Energy’s dividend payout ratio (DPR) is 93.03%.
Analyst Upgrades and Downgrades Several equities research analysts have issued reports on the stock. Mizuho boosted their price objective on shares of Dominion Energy from $66.00 to $72.00 and gave the stock a “neutral” rating in a research note on Tuesday, May 26th. Weiss Ratings raised shares of Dominion Energy from a “buy (b-)” rating to a “buy (b)” rating in a research note on Friday, May 22nd. Seaport Research Partners lowered shares of Dominion Energy from a “buy” rating to a “hold” rating in a report on Wednesday, May 20th. Truist Financial decreased their price target on shares of Dominion Energy from $68.00 to $66.00 and set a “hold” rating for the company in a research report on Thursday, August 13th. Finally, TD Cowen upgraded Dominion Energy from a “hold” rating to a “buy” rating and increased their price target for the company from $69.00 to $80.00 in a report on Wednesday. Five analysts have rated the stock with a Buy rating, nine have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $69.93.
Read Our Latest Analysis on Dominion Energy
Dominion Energy News Roundup Here are the key news stories impacting Dominion Energy this week:
Positive Sentiment: TD Cowen upgraded Dominion Energy, citing what it sees as favorable odds for the proposed merger and additional upside potential. The upgrade may support the stock by reinforcing expectations that the $67 billion transaction can proceed. TD Cowen Just Upgraded Dominion Energy. Here’s Why. Positive Sentiment: Dominion said it expects to receive a refund related to tariffs imposed during the Trump administration. The reimbursement could reduce project costs and provide a modest financial benefit, although the size and timing of the refund were not specified. Dominion says they’re getting a Trump Tariff refund Neutral Sentiment: The proposed Dominion-NextEra merger remains under review roughly three months after its announcement. The South Carolina timeline is receiving scrutiny, while the chair of Virginia’s State Corporation Commission said she will not recuse herself from the case. These developments keep the regulatory process active but do not resolve the approval outlook. Where the proposed $67B Dominion-NextEra merger stands Negative Sentiment: Governors in Virginia, Maine and Massachusetts have expressed skepticism or warned that the merger could reduce competition and increase energy costs. Regulators may therefore impose tougher conditions, delay approval or challenge the transaction, weakening the near-term investment case. Maine governor merger concerns Negative Sentiment: Ashburn homeowners say opposing a Dominion power-line project could cost them hundreds of thousands of dollars, highlighting ongoing local opposition and potential permitting or construction friction. Ashburn homeowners power-line dispute Dominion Energy Profile (Free Report)
Dominion Energy, Inc, headquartered in Richmond, Virginia, is a diversified energy company that primarily operates regulated electricity and natural gas utilities and develops energy infrastructure. The company’s core activities include the generation, transmission and distribution of electricity to residential, commercial and industrial customers, as well as the purchase, storage and delivery of natural gas. Dominion combines traditional utility operations with energy infrastructure businesses to provide essential services across its service territories.
Dominion’s electricity portfolio spans multiple technologies and fuel sources, including nuclear, natural gas-fired generation and renewable resources such as utility-scale solar and wind.
Featured Articles Five stocks we like better than Dominion Energy 3 Energy Stocks Raising Dividends as the Sector Surges 5 Reasons the S&P 500 Could Keep Rallying Through Year-End Walmart’s Post-Earnings Drop Could Be a Buying Opportunity The Trade Desk’s Earnings Miss Raises a Bigger Question About Its AI Future Want to see what other hedge funds are holding D? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Dominion Energy Inc. (NYSE:D – Free Report).
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Dominion Energy Inc. (NYSE: D - Get Free Report) has received an average rating of "Hold" from the fifteen ratings firms that are covering the stock, MarketBeat Ratings reports. One research analyst has rated the stock with a sell recommendation, nine have issued a hold recommendation and five have issued a buy recommendation on the company.
Electric power transmission pylon miniatures and Nextera Energy logo are seen in this illustration taken, December 9, 2022. REUTERS/Dado Ruvic/Illustration Purchase Licensing Rights, opens new tab
CompaniesAug 19 (Reuters) - Maine Governer Jannet Mills said on Wednesday NextEra Energy's (NEE.N), opens new tab proposed acquisition of Dominion Energy (D.N), opens new tab would give it excessive control over New England energy assets, limit competition and make it harder to lower energy costs.
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The "ill-advised proposal" will give NextEra sole control of several critical energy generating assets Mills said in a statement.
"This deal may be good for NextEra's shareholders, but it's a bad deal for Maine people,” she added.
The statement came after the New England States Committee on Electricity (NESCOE) — representing six New England states — sought "the highest level of scrutiny" of the proposal from the Federal Energy Regulatory Commission, the U.S. Department of Justice and other regulators.
Virginia Governor Abigail Spanberger in August said she would intervene in the regulatory review of NextEra's merger with Dominion to press for commitments on electric bill affordability, job protections and clean-energy investments.
The deal, if approved, will create the third-largest U.S. energy company — behind oil majors Exxon (XOM.N), opens new tab and Chevron (CVX.N), opens new tab — with its enterprise value topping the next two largest U.S. power companies combined.
An Maine legislation in April imposed a moratorium on new data centers as concerns grew over their impact on power bills and the environment.
Reporting by Katha Kalia in Bengaluru; Editing by Joyjeet Das
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Pre-Market Stock Futures: Futures are trading mixed as the same issues that weighed on Wall Street Monday returned Tuesday. Higher oil prices, the highest 10-year and 30-year yields since 2007, and growing concerns that the war in Iran could become another Middle East quagmire are weighing on futures. When the dust settled Tuesday, all major indices finished lower, with the Nasdaq leading the way, closing at 26,289, down 1.33%, and the Russell 2000 closed the day lower by 1.30% at 3,017. The S&P 500, which was busy setting new all-time highs last week, finished Tuesday at 7,691, down 0.69%, and the Dow Jones Industrial fared the best, closing at 53,343, down 0.22%.
Treasury Bonds: Fortunately, the highest yields on Treasury notes and bonds in almost 20 years finally got the attention of the fixed income complex as buyers turned out in full force Tuesday and yields fell across the curve. Inflation worries, while still present, have calmed, and a rate hike that looked like a lock for September may be off the table. The 30-year bond closed the session at 5.28%, while the benchmark 10-year note last traded at 4.70%.
Oil and Gas: Energy prices were modestly higher on Tuesday, which, like the bond buying, was also a positive, albeit a small one. When the final trade hit the tape, Brent Crude was up 0.33% at $98.20, while West Texas Intermediate closed the day at $85.22, up 0.93%. Natural gas had a very solid day, closing the session at $2.79, up 3.75%.
Gold: After a solid start to the week and a good first half of August, sellers stepped into the bullion market on Tuesday. Oil and interest rates helped encourage sellers as Gold closed the day at $4,333, down 1.87%, while Silver was last seen at $63.21, down 3.74%.
Crypto: Cryptocurrencies followed a pattern Tuesday that’s been in place for a while, with Bitcoin trading in a narrow band between $64,000 and $64,700 after a brief intraday spike above $65,000; the broader market showed continued signs of consolidation. Ethereum, meanwhile, held near $1,910, as ongoing geopolitical tensions kept overall crypto sentiment cautious and price action largely range-bound across the session. At 8 AM EDT, Bitcoin was trading at $64,435, while Ethereum was quoted at $1,921.
24/7 Wall St. reviews dozens of analyst research reports every day to identify fresh investment ideas for investors and traders alike. These daily analyst notes include recommendations on stocks to buy, sell, or avoid, as well as new coverage initiations. Important reminder: No single analyst report should ever be the sole basis for buying or selling a stock.
Here are some of the top Wall Street analyst upgrades, downgrades, and initiations from Wednesday, August 19, 2026.
Upgrades: Ciena Corporation (NYSE: CIEN | CIEN Price Prediction) was upgraded to Outperform from Market Perform at Northland, with a $500 target price. Dollar Tree (NASDAQ: DLTR) was upgraded to Hold from Underperform at Jefferies, which lifted the target price to $135 from $85. Dominion (NYSE: D) was raised to Buy from Hold at TD Cowen, which raised the target price for the utility to $80 from $69. Fabrinet (NYSE: FN) was upgraded to Outperform from Equal Weight at Fox Advisors, without a target price. Honeywell Aerospace (NASDAQ: HONA) was upgraded to Overweight from Equal Weight at Morgan Stanley, with a $295 target price objective. Downgrades: Baidu (NASDAQ: BIDU) was downgraded to Underweight from Equal Weight at Morgan Stanley, which slashed the target price for the stock to $80 from $130. CME Group (NYSE: CME) was downgraded to Hold from Buy at Deutsche Bank, with a $270 target price. Core Natural Resources (NYSE: CNR) was cut to Neutral from Buy at UBS, which bumped the price target up to $105 from $101. Klarna Group (NYSE: KLAR) was cut to Neutral from Overweight at JPMorgan, which trimmed the target price to $18 from $22. Pershing Square (NYSE: PS) was downgraded to Neutral from Buy at Citigroup, with an unchanged $45 target. Initiations:
Aflac (NYSE: AFL) was initiated with an Underperform rating at Wolfe Research, with a $103 target price. BioMarin Pharmaceuticals (NASDAQ: BMRN) was initiated with an Outperform rating at BMO Capital, which has a $98 target price. Cardinal Health (NYSE: CAH) was initiated with an Outperform rating at RBC Capital, with a $276 target price. Hut 8 (NASDAQ: HUT) was started with a Buy at Freedom Capital, with a $132 target price objective. Zoom Communications (NASDAQ: ZM) was reinstated with a Buy rating at Bank of America, with a $130 price target. Contact [email protected] for any questions or corrections.
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The proposed transactions may contain terms that could limit superior competing offers.
Shareholders are encouraged to contact the firm to discuss their rights and options at no cost or obligation. We would handle any matter on a contingent fee basis, whereby you would not be responsible for out-of-pocket payment of our legal fees or expenses.
, /PRNewswire/ -- Halper Sadeh LLC, an investor rights law firm, is investigating the following companies for potential violations of the federal securities laws and/or breaches of fiduciary duties to shareholders relating to:
Utz Brands, Inc. (NYSE: UTZ)'s sale to Intersnack Group GmbH & Co. KG for $14.25 per share in cash. If you are an Utz shareholder, click here to learn more about your legal rights and options.
Integer Holdings Corporation (NYSE: ITGR)'s sale to KKR for $127.00 per share. If you are an Integer shareholder, click here to learn more about your rights and options.
Arcosa, Inc. (NYSE: ACA)'s sale to CRH for $150.00 per share. If you are an Arcosa shareholder, click here to learn more about your rights and options.
Dominion Energy, Inc. (NYSE: D)'s sale to NextEra Energy, Inc. for 0.8138 shares of NextEra for each share of Dominion. If you are a Dominion shareholder, click here to learn more about your legal rights and options.
On behalf of shareholders, Halper Sadeh LLC may seek increased consideration, additional disclosures and information, or other relief and benefits.
Halper Sadeh LLC represents investors all over the world who have fallen victim to securities fraud and corporate misconduct. Our attorneys have been instrumental in implementing corporate reforms and recovering millions of dollars on behalf of defrauded investors.
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NEW YORK & NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Dominion Energy, Inc. (NYSE: D) to NextEra Energy, Inc. (NYSE: NEE). Under the terms of the proposed transaction, shareholders of Dominion will receive 0.8138 shares of NextEra for each share of Dominion that they own. KSF is seeking to determine whether this consideration and the process that led t.
Asset Management One Co. Ltd. boosted its holdings in shares of Dominion Energy Inc. (NYSE:D – Free Report) by 8.3% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 388,738 shares of the utilities provider’s stock after buying an additional 29,808 shares during the period. Asset Management One Co. Ltd.’s holdings in Dominion Energy were worth $26,547,000 as of its most recent filing with the Securities and Exchange Commission.
Other hedge funds have also recently bought and sold shares of the company. Motiv8 Investments LLC purchased a new position in Dominion Energy during the 4th quarter valued at about $25,000. Blueline Advisors LLC acquired a new position in shares of Dominion Energy in the 4th quarter valued at about $28,000. Triumph Capital Management purchased a new stake in shares of Dominion Energy in the third quarter worth approximately $28,000. Costello Asset Management INC grew its position in Dominion Energy by 66.7% during the fourth quarter. Costello Asset Management INC now owns 500 shares of the utilities provider’s stock valued at $29,000 after purchasing an additional 200 shares in the last quarter. Finally, Advocate Investing Services LLC purchased a new position in Dominion Energy during the fourth quarter valued at approximately $29,000. 73.04% of the stock is owned by hedge funds and other institutional investors.
Analysts Set New Price Targets A number of equities research analysts have issued reports on D shares. Mizuho increased their target price on shares of Dominion Energy from $66.00 to $72.00 and gave the stock a “neutral” rating in a research report on Tuesday, May 26th. Truist Financial cut their price objective on Dominion Energy from $68.00 to $66.00 and set a “hold” rating for the company in a report on Thursday. Weiss Ratings raised Dominion Energy from a “buy (b-)” rating to a “buy (b)” rating in a research report on Friday, May 22nd. BMO Capital Markets boosted their target price on Dominion Energy from $64.00 to $70.00 and gave the company a “market perform” rating in a research note on Wednesday, July 22nd. Finally, Barclays dropped their target price on Dominion Energy from $70.00 to $69.00 and set an “overweight” rating on the stock in a research report on Tuesday, June 23rd. Four equities research analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $68.00.
Check Out Our Latest Stock Analysis on Dominion Energy
Dominion Energy Trading Up 0.7% Dominion Energy stock opened at $68.55 on Friday. The company has a debt-to-equity ratio of 1.43, a current ratio of 0.81 and a quick ratio of 0.64. The company has a market capitalization of $60.29 billion, a price-to-earnings ratio of 23.88 and a beta of 0.65. Dominion Energy Inc. has a one year low of $55.85 and a one year high of $72.99. The company’s fifty day moving average price is $69.05 and its two-hundred day moving average price is $65.33.
Dominion Energy (NYSE:D – Get Free Report) last posted its earnings results on Friday, July 31st. The utilities provider reported $0.79 earnings per share for the quarter, beating the consensus estimate of $0.68 by $0.11. The company had revenue of $4.48 billion for the quarter, compared to analyst estimates of $4.04 billion. Dominion Energy had a return on equity of 9.62% and a net margin of 13.98%.The business’s revenue was up 17.6% compared to the same quarter last year. During the same period last year, the company earned $0.75 earnings per share. Dominion Energy has set its FY 2026 guidance at 3.450-3.690 EPS. On average, analysts forecast that Dominion Energy Inc. will post 3.57 earnings per share for the current fiscal year.
Dominion Energy Announces Dividend The company also recently declared a quarterly dividend, which will be paid on Sunday, September 20th. Stockholders of record on Friday, September 4th will be given a $0.6675 dividend. The ex-dividend date of this dividend is Friday, September 4th. This represents a $2.67 dividend on an annualized basis and a dividend yield of 3.9%. Dominion Energy’s dividend payout ratio (DPR) is currently 93.03%.
Key Dominion Energy News Here are the key news stories impacting Dominion Energy this week:
Positive Sentiment: Data-center demand supports long-term growth. Virginia’s expanding data-center sector is increasing electricity demand and could provide Dominion with additional load growth and investment opportunities. The Virginia State Corporation Commission also ordered certain transmission costs to be assigned directly to data centers, potentially limiting the burden on other customers and Dominion’s broader rate base. Why Is Dominion Energy in Focus as Data Center Demand Grows Today? Dominion ordered to directly assign some transmission costs to data centers Positive Sentiment: Lake Murray dam restoration is complete. Dominion completed tower upgrades and restoration work at the Saluda Hydroelectric Project, a favorable infrastructure milestone that may improve asset reliability and reduce execution uncertainty. Temporary boating restrictions remain around the dam as final safety measures are completed. Dominion Energy completes Lake Murray Dam restoration project Neutral Sentiment: Dominion rejected claims regarding Ashburn power lines. The company denied allegations that it ignored an alternative plan, keeping attention on its Virginia transmission development and stakeholder disputes without an immediate financial impact. Dominion denies Congressman’s claims about Ashburn power lines Negative Sentiment: Fuel-cost requests could increase customer bills. Dominion is seeking approval in North Carolina to recover higher fuel costs, potentially adding roughly $23 per month for some customers. Although recovery could protect cash flow, higher bills may create political and regulatory resistance. Dominion seeks increase for fuel costs Negative Sentiment: Truist cut its price target and maintained a Hold rating. The target was reduced from $68 to $66, signaling limited near-term upside and adding pressure to the shares. Truist lowers Dominion Energy price target Negative Sentiment: Merger oversight remains contentious. Questions about potential conflicts involving the Virginia SCC chair’s review of the NextEra-Dominion merger could prolong regulatory scrutiny and increase uncertainty around the transaction. Concerns over Virginia SCC chair and NextEra-Dominion merger Dominion Energy Profile (Free Report)
Dominion Energy, Inc, headquartered in Richmond, Virginia, is a diversified energy company that primarily operates regulated electricity and natural gas utilities and develops energy infrastructure. The company’s core activities include the generation, transmission and distribution of electricity to residential, commercial and industrial customers, as well as the purchase, storage and delivery of natural gas. Dominion combines traditional utility operations with energy infrastructure businesses to provide essential services across its service territories.
Dominion’s electricity portfolio spans multiple technologies and fuel sources, including nuclear, natural gas-fired generation and renewable resources such as utility-scale solar and wind.
See Also Five stocks we like better than Dominion Energy Asian Market Circuit Breakers Hit Stocks, Not AI Demand Riot Platforms Re-Wires the Ledger for a $9B AI Power Play Nebius Just Exploded 34% on Blowout Earnings—Is It Time to Buy? Joby’s Defense Pivot Accelerates With $500M Resonant Sciences Deal Want to see what other hedge funds are holding D? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Dominion Energy Inc. (NYSE:D – Free Report).
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Banco Santander S.A. bought a new stake in Dominion Energy Inc. (NYSE:D – Free Report) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 28,680 shares of the utilities provider’s stock, valued at approximately $1,959,000.
Other hedge funds have also made changes to their positions in the company. Motiv8 Investments LLC purchased a new stake in shares of Dominion Energy in the 4th quarter worth about $25,000. Blueline Advisors LLC purchased a new stake in shares of Dominion Energy in the fourth quarter valued at $28,000. Triumph Capital Management purchased a new stake in shares of Dominion Energy in the third quarter valued at $28,000. Costello Asset Management INC boosted its stake in shares of Dominion Energy by 66.7% during the 4th quarter. Costello Asset Management INC now owns 500 shares of the utilities provider’s stock worth $29,000 after purchasing an additional 200 shares during the last quarter. Finally, Advocate Investing Services LLC purchased a new stake in Dominion Energy in the 4th quarter worth approximately $29,000. Hedge funds and other institutional investors own 73.04% of the company’s stock.
Dominion Energy Stock Up 0.7% D stock opened at $68.55 on Friday. The company has a current ratio of 0.81, a quick ratio of 0.64 and a debt-to-equity ratio of 1.43. The firm has a 50 day simple moving average of $69.05 and a 200-day simple moving average of $65.33. The company has a market capitalization of $60.29 billion, a P/E ratio of 23.88 and a beta of 0.65. Dominion Energy Inc. has a twelve month low of $55.85 and a twelve month high of $72.99.
Dominion Energy (NYSE:D – Get Free Report) last announced its quarterly earnings data on Friday, July 31st. The utilities provider reported $0.79 earnings per share for the quarter, topping the consensus estimate of $0.68 by $0.11. The company had revenue of $4.48 billion during the quarter, compared to analyst estimates of $4.04 billion. Dominion Energy had a net margin of 13.98% and a return on equity of 9.62%. The firm’s revenue for the quarter was up 17.6% compared to the same quarter last year. During the same period last year, the business earned $0.75 EPS. Dominion Energy has set its FY 2026 guidance at 3.450-3.690 EPS. On average, equities research analysts predict that Dominion Energy Inc. will post 3.57 earnings per share for the current fiscal year.
Dominion Energy Dividend Announcement The company also recently disclosed a quarterly dividend, which will be paid on Sunday, September 20th. Shareholders of record on Friday, September 4th will be paid a dividend of $0.6675 per share. The ex-dividend date is Friday, September 4th. This represents a $2.67 annualized dividend and a yield of 3.9%. Dominion Energy’s dividend payout ratio is presently 93.03%.
Analyst Upgrades and Downgrades A number of research analysts have weighed in on D shares. Morgan Stanley reduced their price target on Dominion Energy from $69.00 to $68.00 and set an “equal weight” rating on the stock in a research note on Tuesday, April 21st. Jefferies Financial Group raised shares of Dominion Energy from a “hold” rating to a “buy” rating and increased their price target for the stock from $65.00 to $76.00 in a research note on Thursday, May 28th. Weiss Ratings upgraded shares of Dominion Energy from a “buy (b-)” rating to a “buy (b)” rating in a report on Friday, May 22nd. Truist Financial cut their price objective on Dominion Energy from $68.00 to $66.00 and set a “hold” rating on the stock in a report on Thursday. Finally, Barclays dropped their price objective on shares of Dominion Energy from $70.00 to $69.00 and set an “overweight” rating for the company in a research report on Tuesday, June 23rd. Four research analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the company has an average rating of “Hold” and a consensus target price of $68.00.
Read Our Latest Stock Analysis on D
Dominion Energy News Roundup Here are the key news stories impacting Dominion Energy this week:
Positive Sentiment: Data-center demand supports long-term growth. Virginia’s expanding data-center sector is increasing electricity demand and could provide Dominion with additional load growth and investment opportunities. The Virginia State Corporation Commission also ordered certain transmission costs to be assigned directly to data centers, potentially limiting the burden on other customers and Dominion’s broader rate base. Why Is Dominion Energy in Focus as Data Center Demand Grows Today? Dominion ordered to directly assign some transmission costs to data centers Positive Sentiment: Lake Murray dam restoration is complete. Dominion completed tower upgrades and restoration work at the Saluda Hydroelectric Project, a favorable infrastructure milestone that may improve asset reliability and reduce execution uncertainty. Temporary boating restrictions remain around the dam as final safety measures are completed. Dominion Energy completes Lake Murray Dam restoration project Neutral Sentiment: Dominion rejected claims regarding Ashburn power lines. The company denied allegations that it ignored an alternative plan, keeping attention on its Virginia transmission development and stakeholder disputes without an immediate financial impact. Dominion denies Congressman’s claims about Ashburn power lines Negative Sentiment: Fuel-cost requests could increase customer bills. Dominion is seeking approval in North Carolina to recover higher fuel costs, potentially adding roughly $23 per month for some customers. Although recovery could protect cash flow, higher bills may create political and regulatory resistance. Dominion seeks increase for fuel costs Negative Sentiment: Truist cut its price target and maintained a Hold rating. The target was reduced from $68 to $66, signaling limited near-term upside and adding pressure to the shares. Truist lowers Dominion Energy price target Negative Sentiment: Merger oversight remains contentious. Questions about potential conflicts involving the Virginia SCC chair’s review of the NextEra-Dominion merger could prolong regulatory scrutiny and increase uncertainty around the transaction. Concerns over Virginia SCC chair and NextEra-Dominion merger About Dominion Energy (Free Report)
Dominion Energy, Inc, headquartered in Richmond, Virginia, is a diversified energy company that primarily operates regulated electricity and natural gas utilities and develops energy infrastructure. The company’s core activities include the generation, transmission and distribution of electricity to residential, commercial and industrial customers, as well as the purchase, storage and delivery of natural gas. Dominion combines traditional utility operations with energy infrastructure businesses to provide essential services across its service territories.
Dominion’s electricity portfolio spans multiple technologies and fuel sources, including nuclear, natural gas-fired generation and renewable resources such as utility-scale solar and wind.
Recommended Stories Five stocks we like better than Dominion Energy Asian Market Circuit Breakers Hit Stocks, Not AI Demand Riot Platforms Re-Wires the Ledger for a $9B AI Power Play Nebius Just Exploded 34% on Blowout Earnings—Is It Time to Buy? Joby’s Defense Pivot Accelerates With $500M Resonant Sciences Deal Want to see what other hedge funds are holding D? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Dominion Energy Inc. (NYSE:D – Free Report).
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Axxcess Wealth Management LLC bought a new position in shares of Dominion Energy Inc. (NYSE:D – Free Report) during the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 28,802 shares of the utilities provider’s stock, valued at approximately $1,967,000.
Several other institutional investors and hedge funds have also recently bought and sold shares of D. Vanguard Group Inc. grew its holdings in shares of Dominion Energy by 0.9% in the 4th quarter. Vanguard Group Inc. now owns 107,099,758 shares of the utilities provider’s stock worth $6,274,975,000 after purchasing an additional 940,838 shares during the last quarter. Capital Research Global Investors grew its position in Dominion Energy by 9.0% during the 4th quarter. Capital Research Global Investors now owns 59,790,734 shares of the utilities provider’s stock worth $3,503,142,000 after acquiring an additional 4,940,692 shares during the last quarter. State Street Corp increased its holdings in Dominion Energy by 3.6% during the 4th quarter. State Street Corp now owns 48,620,273 shares of the utilities provider’s stock valued at $2,848,662,000 after purchasing an additional 1,686,050 shares in the last quarter. Wellington Management Group LLP increased its holdings in Dominion Energy by 46.2% during the 4th quarter. Wellington Management Group LLP now owns 44,943,727 shares of the utilities provider’s stock valued at $2,633,253,000 after purchasing an additional 14,197,581 shares in the last quarter. Finally, Geode Capital Management LLC raised its position in Dominion Energy by 1.6% in the 4th quarter. Geode Capital Management LLC now owns 20,442,935 shares of the utilities provider’s stock valued at $1,196,056,000 after purchasing an additional 314,932 shares during the last quarter. Institutional investors own 73.04% of the company’s stock.
Dominion Energy News Roundup Here are the key news stories impacting Dominion Energy this week:
Positive Sentiment: Data-center demand supports long-term growth. Virginia’s expanding data-center sector is increasing electricity demand and could provide Dominion with additional load growth and investment opportunities. The Virginia State Corporation Commission also ordered certain transmission costs to be assigned directly to data centers, potentially limiting the burden on other customers and Dominion’s broader rate base. Why Is Dominion Energy in Focus as Data Center Demand Grows Today? Dominion ordered to directly assign some transmission costs to data centers Positive Sentiment: Lake Murray dam restoration is complete. Dominion completed tower upgrades and restoration work at the Saluda Hydroelectric Project, a favorable infrastructure milestone that may improve asset reliability and reduce execution uncertainty. Temporary boating restrictions remain around the dam as final safety measures are completed. Dominion Energy completes Lake Murray Dam restoration project Neutral Sentiment: Dominion rejected claims regarding Ashburn power lines. The company denied allegations that it ignored an alternative plan, keeping attention on its Virginia transmission development and stakeholder disputes without an immediate financial impact. Dominion denies Congressman’s claims about Ashburn power lines Negative Sentiment: Fuel-cost requests could increase customer bills. Dominion is seeking approval in North Carolina to recover higher fuel costs, potentially adding roughly $23 per month for some customers. Although recovery could protect cash flow, higher bills may create political and regulatory resistance. Dominion seeks increase for fuel costs Negative Sentiment: Truist cut its price target and maintained a Hold rating. The target was reduced from $68 to $66, signaling limited near-term upside and adding pressure to the shares. Truist lowers Dominion Energy price target Negative Sentiment: Merger oversight remains contentious. Questions about potential conflicts involving the Virginia SCC chair’s review of the NextEra-Dominion merger could prolong regulatory scrutiny and increase uncertainty around the transaction. Concerns over Virginia SCC chair and NextEra-Dominion merger Analysts Set New Price Targets A number of brokerages have commented on D. Weiss Ratings raised shares of Dominion Energy from a “buy (b-)” rating to a “buy (b)” rating in a report on Friday, May 22nd. Mizuho upped their price target on Dominion Energy from $66.00 to $72.00 and gave the company a “neutral” rating in a research note on Tuesday, May 26th. Jefferies Financial Group upgraded shares of Dominion Energy from a “hold” rating to a “buy” rating and lifted their price target for the stock from $65.00 to $76.00 in a research report on Thursday, May 28th. Truist Financial reduced their price objective on shares of Dominion Energy from $68.00 to $66.00 and set a “hold” rating on the stock in a research note on Thursday. Finally, Wall Street Zen lowered shares of Dominion Energy from a “hold” rating to a “sell” rating in a report on Saturday, May 16th. Four analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, Dominion Energy currently has a consensus rating of “Hold” and an average price target of $68.00.
Get Our Latest Research Report on Dominion Energy
Dominion Energy Stock Up 0.7% Dominion Energy stock opened at $68.55 on Friday. The firm has a market capitalization of $60.29 billion, a price-to-earnings ratio of 23.88 and a beta of 0.65. The company’s 50 day simple moving average is $69.05 and its 200 day simple moving average is $65.33. The company has a debt-to-equity ratio of 1.43, a current ratio of 0.81 and a quick ratio of 0.64. Dominion Energy Inc. has a fifty-two week low of $55.85 and a fifty-two week high of $72.99.
Dominion Energy (NYSE:D – Get Free Report) last issued its earnings results on Friday, July 31st. The utilities provider reported $0.79 EPS for the quarter, beating the consensus estimate of $0.68 by $0.11. Dominion Energy had a net margin of 13.98% and a return on equity of 9.62%. The firm had revenue of $4.48 billion during the quarter, compared to the consensus estimate of $4.04 billion. During the same quarter in the prior year, the firm earned $0.75 earnings per share. The business’s quarterly revenue was up 17.6% on a year-over-year basis. Dominion Energy has set its FY 2026 guidance at 3.450-3.690 EPS. As a group, sell-side analysts anticipate that Dominion Energy Inc. will post 3.57 EPS for the current year.
Dominion Energy Announces Dividend The firm also recently disclosed a quarterly dividend, which will be paid on Sunday, September 20th. Investors of record on Friday, September 4th will be given a $0.6675 dividend. The ex-dividend date is Friday, September 4th. This represents a $2.67 annualized dividend and a dividend yield of 3.9%. Dominion Energy’s payout ratio is currently 93.03%.
About Dominion Energy (Free Report)
Dominion Energy, Inc, headquartered in Richmond, Virginia, is a diversified energy company that primarily operates regulated electricity and natural gas utilities and develops energy infrastructure. The company’s core activities include the generation, transmission and distribution of electricity to residential, commercial and industrial customers, as well as the purchase, storage and delivery of natural gas. Dominion combines traditional utility operations with energy infrastructure businesses to provide essential services across its service territories.
Dominion’s electricity portfolio spans multiple technologies and fuel sources, including nuclear, natural gas-fired generation and renewable resources such as utility-scale solar and wind.
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RICHMOND, Va.--(BUSINESS WIRE)--Nonprofit organizations within Dominion Energy's service areas are invited to apply for grants from the Dominion Energy Charitable Foundation. Grants will be awarded to support programs and specific projects that focus on human needs, environmental stewardship, education and community vitality. The foundation accepts grant requests during semiannual grant cycles. The fall grant application period is now open and closes at 5 p.m. ET on Sept. 11. Decisions will be.
Key Takeaways Dominion Energy reaffirmed 2026 EPS guidance as Q2 earnings and revenues topped consensus.CVOW is 81% complete, but the final turbine is now due at year-end 2027 as costs rise to $11.65B.D has over 53 GW of data center capacity in contracting stages, including 12 GW under service agreements. Dominion Energy, Inc. (D - Free Report) used its second-quarter 2026 call to pair unchanged guidance with a six-month schedule reset for Coastal Virginia Offshore Wind (CVOW). Project execution returned to investor focus.
Management emphasized record demand, data center contracting and the infrastructure needed to support large loads. Those themes framed analyst scrutiny.
D Reaffirms Its 2026 Financial FrameworkCFO Steven Ridge said second-quarter operating earnings were $0.79 per share, including $0.03 of RNG 45Z credits. The result topped the $0.73 Zacks Consensus Estimate by 8.20%.
Revenues of $4.48 billion topped the Zacks Consensus Estimate by 10.30%. CFO Ridge called the first half strong.
Dominion reaffirmed 2026 operating earnings guidance of $3.45 to $3.69 per share, with a $3.57 midpoint, plus credit, dividend and long-term growth guidance. CFO Ridge said the 2026 equity program is complete and FFO-to-debt remained above 15%.
Dominion Resets CVOW Schedule and CostChair, president and CEO Robert Blue said CVOW was 81% complete, with 31 turbines installed and a 32nd underway. More than 450 megawatts of capacity were already on the grid.
CEO Blue said the final turbine is now expected at year-end 2027, a six-month shift. The project cost estimate increased about 2% to $11.65 billion after adding $288 million for the extra two quarters.
A Barclays analyst asked about further slippage. CEO Blue said the revised plan reflects actual Portsmouth loadouts, added weather and vessel-maintenance contingency, and longer jacking at difficult sites. He remained confident in the updated date.
D Points to Durable Data Center DemandCFO Ridge said Dominion has more than 53 gigawatts of data center capacity in contracting stages, including 12 gigawatts under electric service agreements. Contracts increased by more than five gigawatts since year-end.
CFO Ridge also said nine of the DOM Zone's 10 highest peak days occurred this year, including the eight highest summer peaks in the past two months. The large-load framework is designed to protect existing customers from cost shifts and stranded costs.
CEO Blue said air permits were filed for nearly five gigawatts of combined-cycle capacity at Canadys and Mount Storm. A Goldman Sachs analyst asked whether Mount Storm was incremental, and CFO Ridge said it is already in the current capital plan.
Dominion Advances NextEra ReviewCEO Blue said state and federal applications were filed for the proposed NextEra Energy combination. The transaction includes $2.25 billion of shareholder-funded bill credits for Dominion customers.
CEO Blue said Virginia hearings begin Nov. 17. The proposed South Carolina schedule sets a Dec. 8 hearing and a final order by Jan. 29, 2027.
A Barclays analyst asked whether Virginia's review could be extended. CEO Blue said the current timeline is sufficient, citing the commission's experience with statutory deadlines and prior mergers.
D Addresses Grid Reliability and StorageA Jefferies analyst asked about a transmission fault that prompted data centers to switch to backup power. Executive vice president and CEO of Utilities Edward Baine said the fault was rare and the centers had been expected to ride through the momentary event.
Utilities CEO Baine said no significant incremental grid investment is needed from the event, but customer collaboration and mitigation work will continue. CEO Blue said Dominion will keep investing in transmission and applying lessons learned.
CFO Ridge said the five-year forecast includes $2 billion for batteries, about 3% of the capital plan. He identified a fall technical conference and the next integrated resource plan as steps toward acceleration.
Dominion Keeps Execution at CenterCEO Blue returned to three priorities: meeting financial commitments, hitting major CVOW milestones and securing constructive regulatory outcomes. His closing message remained centered on execution.
CFO Ridge's demand commentary added system expansion for large loads while maintaining credit targets. Broader financial guidance stayed unchanged despite the CVOW schedule reset.
D's Zacks Rank and Style Score SignalsD currently carries a Zacks Rank #4 (Sell), with a Value Score of D, Growth Score of F, Momentum Score of B and VGM Score of F. Under Zacks methodology, better Style Scores are associated with better expected performance, making momentum the strongest style reading. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
The Style Scores complement the Zacks Rank, with the framework favoring Rank #1 or #2 stocks paired with A or B scores. D's profile combines a stronger Momentum grade with weaker Value, Growth and VGM readings and an unfavorable Rank. The Zacks Rank can change as estimates are revised after the just-reported results.
Empowered Funds LLC lifted its position in Dominion Energy Inc. (NYSE:D – Free Report) by 25.5% in the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 38,242 shares of the utilities provider’s stock after buying an additional 7,774 shares during the period. Empowered Funds LLC’s holdings in Dominion Energy were worth $2,364,000 as of its most recent SEC filing.
Several other hedge funds have also added to or reduced their stakes in D. North Dakota State Investment Board acquired a new position in Dominion Energy during the 4th quarter worth approximately $1,715,000. Vanguard Group Inc. grew its stake in shares of Dominion Energy by 0.9% during the 4th quarter. Vanguard Group Inc. now owns 107,099,758 shares of the utilities provider’s stock worth $6,274,975,000 after acquiring an additional 940,838 shares in the last quarter. Robbins Farley acquired a new stake in shares of Dominion Energy in the fourth quarter valued at approximately $3,601,000. Fideuram Intesa Sanpaolo Private Banking S.P.A. bought a new stake in shares of Dominion Energy in the fourth quarter worth $2,739,000. Finally, Mitsubishi UFJ Asset Management Co. Ltd. lifted its position in shares of Dominion Energy by 6.4% in the fourth quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 1,818,876 shares of the utilities provider’s stock worth $107,750,000 after purchasing an additional 109,146 shares in the last quarter. Institutional investors and hedge funds own 73.04% of the company’s stock.
Dominion Energy Price Performance NYSE:D opened at $68.30 on Thursday. Dominion Energy Inc. has a 12-month low of $55.85 and a 12-month high of $72.99. The firm has a market capitalization of $60.07 billion, a price-to-earnings ratio of 23.80 and a beta of 0.65. The stock’s 50 day moving average price is $68.88 and its two-hundred day moving average price is $65.04. The company has a quick ratio of 0.61, a current ratio of 0.81 and a debt-to-equity ratio of 1.43.
Dominion Energy (NYSE:D – Get Free Report) last issued its earnings results on Friday, July 31st. The utilities provider reported $0.79 EPS for the quarter, topping the consensus estimate of $0.68 by $0.11. Dominion Energy had a return on equity of 9.62% and a net margin of 13.98%.The company had revenue of $4.48 billion during the quarter, compared to the consensus estimate of $4.04 billion. During the same period in the previous year, the company posted $0.75 EPS. The firm’s revenue for the quarter was up 17.6% compared to the same quarter last year. Dominion Energy has set its FY 2026 guidance at 3.450-3.690 EPS. On average, analysts anticipate that Dominion Energy Inc. will post 3.57 earnings per share for the current year.
Dominion Energy Announces Dividend The business also recently declared a quarterly dividend, which will be paid on Sunday, September 20th. Shareholders of record on Friday, September 4th will be issued a $0.6675 dividend. This represents a $2.67 annualized dividend and a yield of 3.9%. The ex-dividend date of this dividend is Friday, September 4th. Dominion Energy’s dividend payout ratio is currently 93.03%.
Analyst Upgrades and Downgrades A number of research firms recently weighed in on D. Barclays decreased their target price on shares of Dominion Energy from $70.00 to $69.00 and set an “overweight” rating for the company in a research report on Tuesday, June 23rd. BMO Capital Markets boosted their price target on shares of Dominion Energy from $64.00 to $70.00 and gave the stock a “market perform” rating in a research report on Wednesday, July 22nd. Wells Fargo & Company increased their price objective on shares of Dominion Energy from $66.00 to $68.00 and gave the stock an “overweight” rating in a research note on Friday, May 15th. Bank of America lifted their target price on Dominion Energy from $63.00 to $65.00 and gave the company a “neutral” rating in a research report on Wednesday, April 15th. Finally, Seaport Research Partners lowered Dominion Energy from a “buy” rating to a “hold” rating in a report on Wednesday, May 20th. Four investment analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of $68.00.
Read Our Latest Report on Dominion Energy
About Dominion Energy (Free Report)
Dominion Energy, Inc, headquartered in Richmond, Virginia, is a diversified energy company that primarily operates regulated electricity and natural gas utilities and develops energy infrastructure. The company’s core activities include the generation, transmission and distribution of electricity to residential, commercial and industrial customers, as well as the purchase, storage and delivery of natural gas. Dominion combines traditional utility operations with energy infrastructure businesses to provide essential services across its service territories.
Dominion’s electricity portfolio spans multiple technologies and fuel sources, including nuclear, natural gas-fired generation and renewable resources such as utility-scale solar and wind.
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Investors in Dominion Energy, Inc. (D - Free Report) need to pay close attention to the stock based on moves in the options market lately. That is because the September 18, 2026 $35.00 Put had some of the highest implied volatility of all equity options today.
What is Implied Volatility?Implied volatility shows how much movement the market is expecting in the future. Options with high levels of implied volatility suggest that investors in the underlying stocks are expecting a big move in one direction or the other. It could also mean there is an event coming up soon that may cause a big rally or a huge sell-off. However, implied volatility is only one piece of the puzzle when putting together an options trading strategy.
What do the Analysts Think?Clearly, options traders are pricing in a big move for Dominion Energy, but what is the fundamental picture for the company? Currently,Dominion Energy is a Zacks Rank #4 (Sell) in the Utility - Electric PowerIndustry that ranks in the Bottom 29% of our Zacks Industry Rank. Over the last 60 days, three analysts have increased their earnings estimate for the current quarter, while none have dropped their estimates. The net effect has taken our Zacks Consensus Estimate for the current quarter to move from $1.14 per share to $1.19 per share in the same time period.
Given the way analysts feel aboutDominion Energy right now, this huge implied volatility could mean there’s a trade developing. Oftentimes, options traders look for options with high levels of implied volatility to sell premium. This is a strategy many seasoned traders use because it captures decay. At expiration, the hope for these traders is that the underlying stock does not move as much as originally expected.
For the quarter ended June 2026, Dominion Energy (D - Free Report) reported revenue of $4.48 billion, up 17.6% over the same period last year. EPS came in at $0.79, compared to $0.75 in the year-ago quarter.
The reported revenue represents a surprise of +10.33% over the Zacks Consensus Estimate of $4.06 billion. With the consensus EPS estimate being $0.73, the EPS surprise was +8.22%.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how Dominion Energy performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
Total operating revenue- Dominion Energy Virginia: $3.42 billion versus $2.86 billion estimated by two analysts on average. Compared to the year-ago quarter, this number represents a +26.1% change.Total operating revenue- Contracted Energy: $299 million versus the two-analyst average estimate of $253.9 million. The reported number represents a year-over-year change of +22%.Total operating revenue- Dominion Energy South Carolina: $878 million compared to the $807.73 million average estimate based on two analysts. The reported number represents a change of +5% year over year.View all Key Company Metrics for Dominion Energy here>>>
Shares of Dominion Energy have remained unchanged over the past month versus the Zacks S&P 500 composite's -0.5% change. The stock currently has a Zacks Rank #4 (Sell), indicating that it could underperform the broader market in the near term.
Powering Up: NextEra and Brookfield Build an Off-Grid EmpireDominion Energy NYSE: D reported second-quarter 2026 operating earnings of $0.79 per share, including $0.03 per share from renewable natural gas 45Z credits, while GAAP earnings were $0.37 per share. The utility reaffirmed its full-year operating earnings, credit, dividend and long-term growth guidance, citing a strong first half and continued demand growth across its service territory.
Chief Financial Officer Steven Ridge said the company completed its planned 2026 common-equity program and that its full-year 2025 and second-quarter last-12-month funds-from-operations-to-debt metrics were both above 15%.
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3 Refiners Benefiting From Oil Volatility and Tight Fuel SupplyManagement said electricity demand has continued to rise, supported by regional economic growth and data-center expansion. Nine of the Dominion Zone's 10 highest all-time peak-demand days have occurred this year, including its eight highest summer peak days during the past two months.
Data-center demand continues to expand Dominion said it now has more than 53 gigawatts of data-center capacity in various stages of contracting, including about 12 GW under electric service agreements. The company has added more than 5 GW of contracts since the end of 2025, an increase of roughly 11%.
Chips & Clips: Memory Tariffs Rewire Tech Supply ChainsRidge said large-load customers continue to cite Virginia's network density, connectivity and existing ecosystem as reasons to build and retain high-value data-center workloads in the state. Dominion said its large-load framework is intended to require those customers to pay for investments needed to support their growth while protecting existing customers from cost shifts and reducing stranded-cost risk.
During the question-and-answer session, Executive Vice President of Utility Operations Ed Baine addressed a recent transmission-line fault that caused some data centers to shift to backup power. Baine said such events are rare and that data centers would typically ride through momentary disruptions. Dominion does not believe major incremental grid investments are needed as a result of the event, he said, but plans to work with customers on mitigation measures and lessons learned.
Offshore wind project reaches 81% completion Chief Executive Officer Bob Blue said the Coastal Virginia Offshore Wind, or CVOW, project was 81% complete and had reached several fabrication and installation milestones. All nacelles have been fabricated, while 99% of towers and 85% of blades were complete. Tower fabrication was expected to finish in the coming days, with final blade production anticipated in October.
The company had installed 31 turbines as of the call, with a 32nd installation under way. The installed turbines represented more than 450 megawatts of capacity, according to Blue. Dominion expects the project’s third and final offshore substation to be energized by year-end, at which point approximately half of project investment, excluding certain network-upgrade costs, is expected to be in service.
However, Dominion moved the expected installation date for the final turbine back by six months, to year-end 2027. Blue said the revised schedule adds weather and vessel-maintenance contingency, accounts for observed load-out times at Portsmouth Marine Terminal, and reflects longer expected jacking durations at certain turbine locations with more challenging subsea conditions.
The company raised its CVOW cost estimate by approximately 2% to $11.65 billion, including $123 million of unused contingency. The increase includes about $288 million associated with the additional two quarters needed to finish final turbine installation. Blue said this equates to about $144 million per additional quarter, below Dominion’s previous rule-of-thumb range of $150 million to $200 million per quarter.
Other changes to the budget included $228 million in additional tariff costs, a $502 million reduction tied to the reallocation of certain PJM-assigned network upgrade costs, and about $234 million in miscellaneous costs related to cable protection, fuel, mitigation for difficult jacking locations and final onshore construction. Dominion said it expects its financing partner to bear about one-third of the latest cost increase.
Blue said the company received a final order on July 29 approving 100% of its revenue requests in its 2025 CVOW rider proceeding. Dominion estimates the project will generate approximately $5 billion in customer fuel savings during its first 10 years of operation.
NextEra combination enters regulatory process Dominion and NextEra Energy have filed their joint proxy statement on Form S-4 and submitted state and federal regulatory applications for their proposed combination. The filings were made with the Virginia State Corporation Commission, North Carolina Utilities Commission, Public Service Commission of South Carolina, Federal Energy Regulatory Commission and Nuclear Regulatory Commission.
Blue said the Virginia commission has issued a procedural schedule that includes evidentiary hearings beginning Nov. 17. In South Carolina, the proposed schedule calls for a Dec. 8 hearing and a final order by Jan. 29, 2027, though the commission had not yet ruled on the proposed timeline.
Under the proposed merger terms, Dominion customers would receive $2.25 billion in shareholder-funded bill credits. Blue said the companies believe a combined organization could more efficiently buy, build, finance and operate energy infrastructure across four states.
Responding to questions about calls for a longer review period in Virginia, Blue said Dominion believes the established schedule is sufficient. He cited the commission’s experience with mergers and complex cases subject to statutory timelines.
Generation, battery and regulatory updates Dominion recently filed air permits for two proposed natural gas-fired combined-cycle plants: Kennedy Station in South Carolina and Mount Storm in West Virginia. Together, the projects represent nearly 5 GW of potential new capacity. Ridge said the Mount Storm project is not incremental to Dominion’s current capital plan, which already anticipated accelerating capital spending later in the planning period for natural-gas investments.
The company also said it is working to accelerate battery deployment following Virginia legislation that increased storage targets. Blue said Dominion has about $2 billion of battery investment in its current five-year forecast, representing roughly 3% of the total capital plan. A commission-sponsored technical conference this fall and the company’s forthcoming integrated resource plan are expected to provide additional detail.
In South Carolina, comprehensive settlement agreements in Dominion subsidiary DESC’s electric rate case were unanimously approved in June, with new rates taking effect at the start of July. Dominion said it has now reached settlements in each of its past four South Carolina electric and gas base-rate cases.
At its Millstone nuclear facility, Dominion expects a decision soon from the Connecticut Department of Energy and Environmental Protection regarding its bid in a zero-carbon energy solicitation. The company said Millstone’s current power-purchase agreement is expected to save Connecticut customers more than $300 million in 2026 and more than $900 million over its 10-year term based on current forward curves.
About Dominion Energy (NYSE:D)Dominion Energy, Inc, headquartered in Richmond, Virginia, is a diversified energy company that primarily operates regulated electricity and natural gas utilities and develops energy infrastructure. The company's core activities include the generation, transmission and distribution of electricity to residential, commercial and industrial customers, as well as the purchase, storage and delivery of natural gas. Dominion combines traditional utility operations with energy infrastructure businesses to provide essential services across its service territories.
Dominion's electricity portfolio spans multiple technologies and fuel sources, including nuclear, natural gas-fired generation and renewable resources such as utility-scale solar and wind.
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to [email protected].
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Dominion Energy, Inc. (D) Q2 2026 Earnings Call July 31, 2026 11:00 AM EDT
Company Participants
David McFarland - Senior Vice President of Investor Relations & Treasurer
Steven Ridge - Executive VP & CFO
Robert Blue - President, CEO & Chairman of the Board
Edward Baine - CEO & Director
Conference Call Participants
Nicholas Campanella - Barclays Bank PLC, Research Division
Paul Zimbardo - Jefferies LLC, Research Division
Carly Davenport - Goldman Sachs Group, Inc., Research Division
Presentation
Operator
Welcome to the Dominion Energy Second Quarter 2026 Earnings Conference Call. [Operator Instructions] I would now like to turn the call over to David McFarland, Senior Vice President, Investor Relations and Treasurer.
David McFarland
Senior Vice President of Investor Relations & Treasurer
Good morning, and thank you for joining Dominion Energy's Second Quarter 2026 Earnings Call. Earnings materials, including today's prepared remarks, contain forward-looking statements and estimates that are subject to various risks and uncertainties. Please refer to our SEC filings, including our most recent annual report on Form 10-K and our quarterly reports on Form 10-Q for a discussion of factors that may cause results to differ from management's estimates and expectations.
This morning, we will discuss some measures of our company's performance that differ from those recognized by GAAP. Reconciliation of our non-GAAP measures to the most directly comparable GAAP financial measures, which we can calculate are contained in the earnings release kit. I encourage you to visit our Investor Relations website to review webcast slides as well as the earnings release kit.
Joining today's call are Bob Blue, Chair, President and Chief Executive Officer; Steven Ridge, Executive Vice President and Chief Financial Officer; and other members of senior management. I will now turn the call over to Steven.
Steven Ridge
Executive VP & CFO
Thank you, David, and good morning, everyone. Since the conclusion of
Key Takeaways Dominion Energy's operating EPS rose 5.3% to 79 cents, beating the consensus mark of 73 cents.Virginia utility earnings climbed $121M on regulatory gains, rider returns and customer usage.CVOW was nearly 81% complete, with its budget raised to $11.65B and completion targeted for 2027. Dominion Energy, Inc. (D - Free Report) reported second-quarter 2026 operating earnings of 79 cents per share, up 5.3% year over year. The figure surpassed the Zacks Consensus Estimate of 73 cents by 8.22%.
GAAP earnings were 37 cents per share, down from 88 cents in the prior-year quarter. Net income attributable to Dominion Energy fell to $340 million from $760 million.
The difference between GAAP and operating results reflected a 42-cent adjustment. Items included nuclear decommissioning trust gains, economic hedging impacts, regulated asset retirements, nonregulated asset impairments and merger-related costs.
Total RevenuesOperating revenues increased 17.6% to $4.48 billion and beat the consensus mark of $4.06 billion by 10.32%. Results benefited from stronger Dominion Energy Virginia earnings, supported by regulatory impacts, rider returns and customer usage. Weather-normal regulated electric sales rose 4.1% over the trailing 12 months.
D's Virginia Utility Powers GrowthDominion Energy Virginia contributed operating earnings of $670 million, up $121 million from the year-ago quarter. Its earnings contribution increased to 76 cents per share from 64 cents.
The improvement included $105 million from the 2025 Biennial Review and $79 million from rider equity returns. Customer usage and other factors added $23 million. These gains were partly offset by higher electric capacity expense, storm restoration costs, planned outage costs and nuclear production tax credit impacts.
Dominion Energy Sees Mixed Segment ResultsDominion Energy South Carolina generated operating earnings of $105 million, down $4 million year over year. Customer usage and rate-case impacts provided support, but depreciation, interest expense and other items weighed on the segment.
Contracted Energy’s contribution declined $16 million to $31 million. A $28 million margin benefit and higher renewable energy tax credits were more than offset by increased depreciation, interest expense and other costs. Corporate and Other posted a $94 million loss, widening from $56 million, primarily due to higher net interest expense.
D's Operational HighlightsTotal operating expenses climbed to $4.15 billion from $2.71 billion. Electric fuel and other energy-related purchases rose to $1.32 billion, while other operations and maintenance expenses increased to $1.88 billion. Interest and related charges advanced to $555 million from $505 million.
Dominion Energy Advances Data Center LoadData center contracted capacity in Virginia reached approximately 53.8 gigawatts(“GW”) in July 2026, up 5.3 GW, or 11%, from December 2025. The total included 12 GW under electric service agreements, 9.4 GW under construction authorizations and 32.4 GW in detailed engineering.
Commercial demand remained the strongest sales category. Weather-normal commercial electric sales grew 8.5% over the trailing 12 months, contributing to the 4.1% increase across Dominion Energy Virginia and South Carolina.
The regulated utilities served 4.1 million customers in the quarter. Virginia accounted for 2.8 million, while South Carolina served 1.3 million. Average customer growth was 0.9% in Virginia and 2% in South Carolina.
D Updates CVOW Schedule and BudgetThe Coastal Virginia Offshore Wind (CVOW) project was nearly 81% complete as of July 31. All 176 monopiles and transition pieces had been installed, while 31 wind turbines were complete and the 32nd was in progress.
Dominion Energy now targets installation of the final turbine by year-end 2027. The revised schedule incorporates additional weather, vessel maintenance, loadout and jacking-operation contingencies.
The project’s capital budget increased to $11.65 billion, including $123 million of unused contingency. Project-to-date investment was approximately $9.8 billion at June 30, leaving about $1.9 billion of remaining costs. Dominion Energy expects to fund roughly $1 billion of that amount after Stonepeak’s contribution.
Dominion Energy’s Financial HighlightsCash and cash equivalents as of June 30, 2026, were $296 million compared with $250 million as of Dec. 31, 2025.
Balance sheet metrics continue to reflect the capital intensity of the business. Total long-term debt stood at $46.72 billion at June 30, 2026, while total assets were $121.89 billion.
On the cash flow statement, net cash provided by operating activities was $2.45 billion for the first half of 2026, compared with $2.42 billion in the first half of 2025.
Dominion Energy Reaffirms 2026 GuidanceManagement reaffirmed 2026 operating earnings guidance of $3.45-$3.69 per share, with a midpoint of $3.57. The outlook includes approximately 7 cents per share of renewable natural gas tax-credit income. The Zacks Consensus Estimate for 2026 earnings per share is currently pegged at $3.57 per share.
The company also maintained its long-term operating earnings growth target of 5-7% through 2030, with growth expected to trend toward the upper half of that range from 2028 through 2030. Dominion Energy reiterated its planned 2026 dividend of $2.67 per share and its approximately $65 billion capital investment program for 2026-2030.
Dominion Energy’s Zacks RankOther ReleasesNextEra Energy (NEE - Free Report) reported second-quarter 2026 results with adjusted earnings per share of $1.15, up 9.5% from $1.05 a year ago. The figure beat the Zacks Consensus Estimate of $1.09 by 5.5%.
The Zacks Consensus Estimate for 2026 and 2027 earnings per share indicates year-over-year growth of 8.36% and 8.73%, respectively.
FirstEnergy (FE - Free Report) reported second-quarter 2026 adjusted earnings of 50 cents per share, which beat the Zacks Consensus Estimate of 49 cents by 2.04%. In the year-ago quarter, the company reported earnings of 52 cents per share.
The Zacks Consensus Estimate for 2026 and 2027 earnings per share implies year-over-year growth of 7.06% and 7.78%, respectively.
Xcel Energy Inc. (XEL - Free Report) reported second-quarter 2026 ongoing earnings of 93 cents per share, beating the Zacks Consensus Estimate of 79 cents by 17.72%. Earnings increased 24% from 75 cents in the year-ago quarter, aided by greater recovery of electric infrastructure investments.
The Zacks Consensus Estimate for 2026 and 2027 earnings per share implies year-over-year growth of 8.16% and 9.52%, respectively.
Electric power transmission pylon miniatures and Dominion Energy logo are seen in this illustration taken, December 9, 2022. REUTERS/Dado Ruvic/Illustration Purchase Licensing Rights, opens new tab
CompaniesJuly 31 (Reuters) - Dominion Energy (D.N), opens new tab, the U.S. electric utility covering the world's biggest data center territory, reported better-than-expected second-quarter profit and revenue on Friday as demand from server warehouses grew beyond 50 gigawatts and offset rising operating expenses.
Adjusted operating earnings from Dominion's Virginia segment rose 22% to $670 million during the quarter, while overall operating expenses surged to $4.15 billion from $2.71 billion last year, as utilities continued to spend more on fuel, grid upgrades and maintenance to support growing electricity demand.
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Here are more details:
U.S. electric utilities are racing to capture record electricity demand, led by the power-hungry data centers needed to expand artificial intelligence, with Dominion's service territory covering the biggest global hub of server warehouses in Northern Virginia.
Dominion's quarterly revenue rose to $4.48 billion, from $3.81 billion a year ago, beating analysts' average estimate of $4.04 billion, according to data compiled by LSEG.
Adjusted operating earnings from its South Carolina segment fell about 3.7% to $105 million in the quarter ended June 30.
The Richmond, Virginia-based company posted adjusted earnings of 79 cents per share, topping expectations of 68 cents per share.
Dominion said its Virginia segment had contracted nearly 53.8 gigawatts (GW) of data center capacity as of July, up 5.3 GW from December.
In May, Dominion and NextEra Energy (NEE.N), opens new tab announced a $66.8 billion merger deal that will form one of the world's largest electric utilities. The companies will now face a series of regulatory hurdles to close the deal.
Dominion has filed various state and federal regulatory applications, with some key evidentiary hearings beginning on November 17, the company said.
Dominion supplies electricity to 3.6 million customers across Virginia, North Carolina and South Carolina, and natural gas to 500,000 customers in South Carolina.
Reporting by Sumit Saha in Bengaluru and Laila Kearney in New York; Editing by Diti Pujara, Kirsten Donovan
Our Standards: The Thomson Reuters Trust Principles., opens new tab
Dominion Energy (D - Free Report) came out with quarterly earnings of $0.79 per share, beating the Zacks Consensus Estimate of $0.73 per share. This compares to earnings of $0.75 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of +8.22%. A quarter ago, it was expected that this energy company would post earnings of $0.89 per share when it actually produced earnings of $0.95, delivering a surprise of +6.74%.
Over the last four quarters, the company has surpassed consensus EPS estimates four times.
Dominion Energy, which belongs to the Zacks Utility - Electric Power industry, posted revenues of $4.48 billion for the quarter ended June 2026, surpassing the Zacks Consensus Estimate by 10.33%. This compares to year-ago revenues of $3.81 billion. The company has topped consensus revenue estimates four times over the last four quarters.
The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call.
Dominion Energy shares have added about 19% since the beginning of the year versus the S&P 500's gain of 8.7%.
What's Next for Dominion Energy?While Dominion Energy has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock?
There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.
Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions.
Ahead of this earnings release, the estimate revisions trend for Dominion Energy was unfavorable. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #4 (Sell) for the stock. So, the shares are expected to underperform the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.
It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is $1.19 on $4.95 billion in revenues for the coming quarter and $3.57 on $18.3 billion in revenues for the current fiscal year.
Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Utility - Electric Power is currently in the bottom 32% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.
One other stock from the same industry, Otter Tail (OTTR - Free Report) , is yet to report results for the quarter ended June 2026. The results are expected to be released on August 3.
This power company and manufacturer is expected to post quarterly earnings of $1.48 per share in its upcoming report, which represents a year-over-year change of -20%. The consensus EPS estimate for the quarter has been revised 8.9% lower over the last 30 days to the current level.
Otter Tail's revenues are expected to be $334.5 million, up 0.4% from the year-ago quarter.
SummaryDominion Energy, Inc. is downgraded to Hold as valuation reaches fair value, with a forward P/E of 19.44x and muted earnings growth.D's Q2 results beat expectations, but 2026 EPS guidance was merely reiterated; long-term EPS growth targets remain 5%-7% through 2030.The merger with NextEra Energy and progress on the Coastal Virginia Offshore Wind project are key forward catalysts, with CVOW now 81% complete.Technical momentum is positive, but with D shares near intrinsic value and limited growth, reallocating capital may be prudent. JHVEPhoto/iStock Editorial via Getty Images
The Utilities sector has taken turns being an AI beneficiary play and a traditional equity safe haven. Throw in rising Treasury yields on the long end of the curve, and there are macro factors to go
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RICHMOND, Va.--(BUSINESS WIRE)--Dominion Energy, Inc. (NYSE: D), today announced unaudited net income determined in accordance with Generally Accepted Accounting Principles (GAAP, or reported earnings) for the three months ended June 30, 2026, of $340 million ($0.37 per share) compared with net income of $760 million ($0.88 per share) for the same period in 2025. Operating earnings (non-GAAP) for the three months ended June 30, 2026, were $712 million ($0.79 per share), compared to operating ea.
Dominion Energy Inc (D) released its 8-K filing on July 31, 2026, revealing its financial results for the second quarter of 2026. The company reported a GAAP ne
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Dominion Energy, Inc. (NYSE: D)'s sale to NextEra Energy, Inc. for 0.8138 shares of NextEra for each share of Dominion. If you are a Dominion shareholder, click here to learn more about your legal rights and options.
Leggett & Platt, Incorporated (NYSE: LEG)'s sale to Somnigroup International Inc. for 0.1455 shares of Somnigroup common stock for each share of Leggett & Platt common stock. Upon closing of the proposed transaction, Leggett & Platt shareholders will own approximately 9% of the combined company. If you are a Leggett & Platt shareholder, click here to learn more about your legal rights and options.
NextEra Energy, Inc. (NYSE: NEE)'s merger with Dominion Energy, Inc. Upon closing of the proposed transaction, NextEra shareholders will own approximately 74.5% of the combined company. If you are a NextEra shareholder, click here to learn more about your rights and options.
LivePerson, Inc. (NASDAQ: LPSN)'s sale to SoundHound AI, Inc. for an equity value of $43 million. If you are a LivePerson shareholder, click here to learn more about your rights and options.
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RICHMOND, Va.--(BUSINESS WIRE)--Summer's higher temperatures can lead to increased energy use, especially as cooling needs rise.To help customers stay in control, Dominion Energy offers programs and tools to help manage usage, lower bills, and provide payment assistance.“Our customers are feeling the pressure of higher costs for housing, groceries, and other essentials, including their electric bill. As temperatures rise, customers typically use more electricity to keep their homes comfortable,.
RICHMOND, Va.--(BUSINESS WIRE)--The board of directors of Dominion Energy (NYSE: D) has declared a quarterly dividend of 66.75 cents per share of common stock. Dividends are payable on Sept. 20, 2026, to shareholders of record at the close of business Sept. 4, 2026. This is the 394th consecutive dividend that Dominion Energy or its predecessor company has paid holders of common stock. The company's last quarterly dividend was declared May 5, 2026. News Category: Corporate & Financial.
Key Takeaways Dominion Energy is expected to earn 74 cents per share on $4.06 billion in second-quarter revenues.New rates, infrastructure investments and data-center load growth are expected to support earnings.Outage costs, lower RNG contributions, dilution and higher expenses may offset quarterly gains. Dominion Energy (D - Free Report) is scheduled to release its second-quarter 2026 results on July 31, before market open. The Zacks Consensus Estimate for earnings is currently pegged at 74 cents per share on revenues of $4.06 billion.
Second-quarter earnings estimates have gone down 9.76% over the past 60 days. The Zacks Consensus Estimate for quarterly revenues indicates a year-over-year increase of 6.55%.
Image Source: Zacks Investment Research
D Stock’s Earnings Surprise HistoryDominion Energy’s earnings beat the Zacks Consensus Estimate in each of the trailing four quarters, the average surprise being 8.92%.
Image Source: Zacks Investment Research
What the Zacks Model UnveilsOur proven model does not conclusively predict an earnings beat for Dominion Energy this time around. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the chances of an earnings beat. That is not the case here, as you can see below.
You can uncover the best stocks to buy or sell before they are reported with our Earnings ESP Filter.
D’s Earnings ESP: Dominion Energy has an Earnings ESP of -5.41%.
Zacks Rank of D: The company currently carries a Zacks Rank #4 (Sell).
Some companies in the same sector with the right combination of the two factors for an earnings beat this season are Edison International (EIX - Free Report) , Ameren Corporation (AEE - Free Report) and Southwest Gas Corporation (SWX - Free Report) . EIX, AEE and SWX currently have an Earnings ESP of +0.19%, +4.66% and +5.64%, respectively. All three stocks carry a Zacks Rank #2 at present. You can see the complete list of today’s Zacks #1 Rank stocks here.
Factors Likely to Have Impacted D Stock’s Q2 ResultsDominion Energy’s second-quarter earnings are likely to have benefited from new electric rates that have been implemented in its service territories. The company is also expected to have gained from regulated investments made to strengthen its infrastructure to provide uninterrupted services to customers during adverse weather conditions.
Second-quarter earnings of Dominion Energy are expected to have benefited from commercial load growth driven by Data centers and customer growth across its Virginia and South Carolina service areas.
The positives are expected to have been offset by the impact from regulated planned outage costs, lower contribution from Renewable Natural Gas (“RNG”), share dilution, higher operations and maintenance expenses and rising financing costs.
D Stock’s Price PerformanceD’s shares have gained 15.5% in the past six months compared with the Zacks Utility – Electric Power industry’s rise of 5.2%.
Image Source: Zacks Investment Research
Dominion Energy’s Shares Trading at a PremiumThe company is currently valued at a premium compared with its industry on a forward 12-month P/E basis. Dominion Energy is trading at 18.94X compared with its industry’s 15.65X.
Cetera Investment Advisers boosted its stake in shares of Dominion Energy Inc. (NYSE:D – Free Report) by 10.6% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 361,632 shares of the utilities provider’s stock after buying an additional 34,720 shares during the period. Cetera Investment Advisers’ holdings in Dominion Energy were worth $22,356,000 as of its most recent filing with the Securities & Exchange Commission.
Several other hedge funds and other institutional investors have also bought and sold shares of D. Wellington Management Group LLP grew its position in shares of Dominion Energy by 46.2% in the 4th quarter. Wellington Management Group LLP now owns 44,943,727 shares of the utilities provider’s stock worth $2,633,253,000 after buying an additional 14,197,581 shares during the last quarter. Norges Bank purchased a new stake in Dominion Energy during the fourth quarter valued at approximately $655,142,000. Capital Research Global Investors lifted its position in Dominion Energy by 9.0% during the fourth quarter. Capital Research Global Investors now owns 59,790,734 shares of the utilities provider’s stock valued at $3,503,142,000 after acquiring an additional 4,940,692 shares during the last quarter. Adage Capital Partners GP L.L.C. acquired a new stake in Dominion Energy in the fourth quarter valued at approximately $125,495,000. Finally, State Street Corp grew its holdings in Dominion Energy by 3.6% in the fourth quarter. State Street Corp now owns 48,620,273 shares of the utilities provider’s stock worth $2,848,662,000 after purchasing an additional 1,686,050 shares during the last quarter. Institutional investors own 73.04% of the company’s stock.
Wall Street Analysts Forecast Growth D has been the topic of a number of recent analyst reports. BMO Capital Markets upped their price target on Dominion Energy from $64.00 to $70.00 and gave the stock a “market perform” rating in a research report on Wednesday, July 22nd. Jefferies Financial Group raised Dominion Energy from a “hold” rating to a “buy” rating and raised their price objective for the stock from $65.00 to $76.00 in a research report on Thursday, May 28th. Wells Fargo & Company boosted their target price on Dominion Energy from $66.00 to $68.00 and gave the stock an “overweight” rating in a research note on Friday, May 15th. Mizuho upped their target price on Dominion Energy from $66.00 to $72.00 and gave the company a “neutral” rating in a research report on Tuesday, May 26th. Finally, Truist Financial decreased their price target on Dominion Energy from $67.00 to $66.00 and set a “hold” rating for the company in a research note on Friday, May 29th. Four analysts have rated the stock with a Buy rating, ten have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $68.00.
Read Our Latest Analysis on Dominion Energy
Dominion Energy Stock Down 1.1% NYSE:D opened at $70.31 on Tuesday. The company has a current ratio of 0.78, a quick ratio of 0.61 and a debt-to-equity ratio of 1.38. Dominion Energy Inc. has a twelve month low of $55.85 and a twelve month high of $72.99. The company has a market cap of $61.83 billion, a PE ratio of 20.80 and a beta of 0.65. The company’s 50 day moving average is $68.63 and its two-hundred day moving average is $64.50.
Dominion Energy (NYSE:D – Get Free Report) last posted its quarterly earnings results on Friday, May 1st. The utilities provider reported $0.95 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.90 by $0.05. The business had revenue of $5.02 billion during the quarter, compared to analysts’ expectations of $4.43 billion. Dominion Energy had a net margin of 16.93% and a return on equity of 9.63%. The business’s quarterly revenue was up 23.1% on a year-over-year basis. During the same quarter last year, the company posted $0.93 earnings per share. Dominion Energy has set its FY 2026 guidance at 3.450-3.690 EPS. Analysts anticipate that Dominion Energy Inc. will post 3.57 EPS for the current year.
Dominion Energy Dividend Announcement The company also recently declared a quarterly dividend, which was paid on Saturday, June 20th. Shareholders of record on Friday, May 29th were paid a dividend of $0.6675 per share. This represents a $2.67 annualized dividend and a yield of 3.8%. The ex-dividend date was Friday, May 29th. Dominion Energy’s payout ratio is presently 78.99%.
Dominion Energy News Summary Here are the key news stories impacting Dominion Energy this week:
Positive Sentiment: NextEra Energy executives said the proposed acquisition of Dominion Energy remains on track to close by late 2027. The deal could provide Dominion shareholders with strategic value and potentially improve the combined company’s growth outlook, although approval is still required. NextEra on track to close Dominion merger by late 2027, executives say Positive Sentiment: Coverage of NextEra’s quarterly results highlighted that the Dominion merger process is continuing, while NextEra pointed to Florida as a possible model for the combined company’s operations. Investors may view the transaction as offering scale and operational synergies. NextEra earnings rise 9.5% in Q2 2026, Dominion Energy merger continues NextEra boss points to Florida as what to expect from proposed Dominion merger Neutral Sentiment: Virginia’s State Corporation Commission has scheduled the proposal’s first public hearing for November. The hearing marks progress in the regulatory process, but also underscores that the merger remains subject to review and could face delays or conditions. NextEra on track to close Dominion merger by late 2027, executives say Negative Sentiment: Brokerages maintained a consensus “Hold” recommendation for Dominion Energy (D), suggesting limited near-term upside after the stock’s strong run toward its 52-week high. Dominion Energy Given Consensus Recommendation of Hold Negative Sentiment: KeyCorp expressed a pessimistic view ahead of Dominion’s second-quarter earnings and lowered its fiscal 2026 earnings-per-share estimate. The revisions add pressure to the stock by signaling more limited earnings growth than previously expected. KeyCorp Has Pessimistic View of Dominion Energy Q2 Earnings FY2026 EPS Estimates for Dominion Energy Lowered by KeyCorp Dominion Energy Profile (Free Report)
Dominion Energy, Inc, headquartered in Richmond, Virginia, is a diversified energy company that primarily operates regulated electricity and natural gas utilities and develops energy infrastructure. The company’s core activities include the generation, transmission and distribution of electricity to residential, commercial and industrial customers, as well as the purchase, storage and delivery of natural gas. Dominion combines traditional utility operations with energy infrastructure businesses to provide essential services across its service territories.
Dominion’s electricity portfolio spans multiple technologies and fuel sources, including nuclear, natural gas-fired generation and renewable resources such as utility-scale solar and wind.
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Regulated utilities are the definition of boring, and that is exactly the point: predictable rate bases, essential service demand and quarterly checks that keep landing in accounts year after year.
The clearest illustration in this group: Northwest Natural has paid an uninterrupted quarterly dividend from 1999 through 2026, backing up management’s claim of a 70th consecutive year of dividend increases. Here are five US-listed regulated utilities built to keep the income flowing, ranked by dividend safety first, yield second.
Edison International (EIX) Edison International (NYSE:EIX | EIX Price Prediction) is the parent of Southern California Edison and carries the highest yield of the group. Alpha Vantage lists a dividend yield of 4.39%, a quarterly payout of 87 cents, and a trailing P/E of 8 on TTM EPS of $9.20.
On safety, management targets a 45% to 55% payout ratio of SCE core earnings, and delivered 2025 core EPS of $6.55, beating the top of guidance. FY2025 operating cash flow was $5.80 billion against $6.52 billion in capex, with no new common equity issuance planned through 2030. The dividend has grown for 22 consecutive years, and Alpha Vantage confirms unbroken annual increases from 1999 through 2026.
The income bull case is simple: management targets 5% dividend growth plus 5% to 7% EPS growth for 10% to 12% total shareholder return, supported by a $38 to $41 billion CapEx plan through 2030 and a roughly 7% rate base CAGR. Shares are up more than 31% year to date, which is hardly considered boring price action.
Risk: Eaton Fire wildfire liability exposure, with SCE equipment likely associated with ignition and nearly 1,500 settlement offers totaling more than $500 million already extended to claimants. Losses are not yet estimable.
Dominion Energy (D) Dominion Energy (NYSE:D) yields 3.78% at a quarterly rate of 66 cents, held steady since Q4 2021. The stock trades at a trailing P/E of 21 with a beta of 0.636.
Coverage is the story here. Its 2025 full-year operating EPS was $3.42, and 2026 guidance is $3.45 to $3.69 with a $3.57 midpoint. Q1 2026 beat expectations with EPS of 95 cents versus the 91-cent estimate and revenue of $5.02 billion. Management guides 5% to 7% long-term EPS growth through 2030, biased to the upper half in 2028 to 2030. Alpha Vantage tracks quarterly payments spanning more than 25 years without interruption.
The income bull case ties directly to Virginia data center demand. Dominion has a $64.7 billion five-year CapEx plan targeting that demand, and the stock has returned nearly 21% over the past year.
Risk: Coastal Virginia Offshore Wind cost overruns tied to $258 million in regulated asset retirements and charges, plus a $120 million severe weather charge in Q1. Loudoun County data center concentration is a real customer-mix risk.
Northwest Natural Holdings (NWN) Northwest Natural Holdings (NYSE:NWN) is the Dividend King of this list. It yields 3.85% at a quarterly rate of 49 cents and an indicated annual rate of $1.97. The trailing P/E is 17, and beta is a sleepy 0.422.
Track record does the heavy lifting: 70 consecutive years of dividend increases per the Q4 2025 filing, corroborated by Alpha Vantage records showing steady year-over-year increases from 1999 through 2026 with no cuts or skips. Its 2026 EPS guidance of $2.95 to $3.15 sits above the 2025 full-year EPS of $2.77 and the $1.965 dividend per share, which is coverage that has held for seven decades.
The bull case is regulated natural gas with a growth kicker: 2.8% TTM customer growth, 11.1% total connection growth including the SiEnergy and Pines acquisitions, and a $2.6 to $2.9 billion capex plan for 2026 to 2030 driving 6% to 8% rate base growth. Shares are up around 21% over the last year.
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Risk: the common stock equity ratio has deteriorated to 36.2% from 42.4% amid debt-funded acquisitions, with rising interest expense and continued share dilution from equity issuances.
Evergy (EVRG) Evergy (NASDAQ:EVRG) yields 3.23% at a quarterly rate of 69 cents, with a trailing P/E of 23 and a beta of 0.524.
Coverage looks comfortable. Its 2026 adjusted EPS guidance is $4.14 to $4.34 with a $4.24 midpoint against a $2.725 dividend per share. Q1 2026 posted adjusted EPS of $0.69 versus $0.61 estimate, a 13.81% beat. The Alpha Vantage record shows consistent quarterly increases from 2021 through 2026, moving from $0.535 to $0.695 per quarter.
Where Evergy separates itself is growth: 6% to 8%+ long-term EPS growth through 2030, exceeding 8% beginning in 2028, funded by a $21.6 billion capex plan for 2026 to 2030. Management has signed five large-customer electric service agreements under a new LLPS tariff to serve data center demand, with retail sales growth projected at 7% to 8% annually through 2030. Shares are up 21.27% year to date.
Risk: weather sensitivity that drove a Q4 2025 miss with adjusted EPS of 42 cents versus the 55 cents expected, plus data center counterparty concentration and wildfire litigation exposure.
WEC Energy Group (WEC) WEC Energy Group (NYSE:WEC) yields 3.38% at a quarterly rate that just stepped up to 95 cents, a 6.7% increase declared Jan. 22. The trailing P/E is 23 with a beta of 0.46.
The dividend story is the pull. Management cites a 23rd consecutive year of higher dividends, and Alpha Vantage confirms uninterrupted year-over-year increases from 2003 through 2026. Coverage is solid: 2026 EPS guidance of $5.51 to $5.61 against the $3.63 dividend per share, and 2025 adjusted EPS grew 8% year over year to $5.27. Q1 2026 delivered EPS of $2.45 versus $2.33 estimate on revenue of $3.43 billion, up 9.0% year over year.
The bull case is evident with a 7% to 8% long-term EPS CAGR backed by an accelerating CapEx cycle. FY2025 CapEx jumped to $4.40 billion from $2.8 billion in 2024, and retail electricity deliveries rose 2.2% for the full year. WEC has compounded quietly: the stock is up 150.11% over the last ten years.
Risk: A $205 million pre-tax charge in Q4 2025 tied to the Illinois AG settlement over QIP/UEA riders, with ongoing regulatory friction in Illinois.
Bringing It Together These five names cover the full boring-utility spectrum: EIX for the fattest yield with a wildfire overhang priced in, D for scale and data center growth at a stable payout, NWN for the longest streak on the board, EVRG for the fastest earnings ramp among the group and WEC for the cleanest combination of coverage, growth, and recent dividend acceleration.
Every one is investment-grade regulated, low-beta, and backed by verifiable, multi-decade dividend records. For an income portfolio that needs to keep cashing checks through cycles, that combination is the whole point.
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First Trust Advisors LP reduced its stake in Dominion Energy Inc. (NYSE:D – Free Report) by 25.5% during the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 1,206,670 shares of the utilities provider’s stock after selling 412,473 shares during the period. First Trust Advisors LP owned 0.14% of Dominion Energy worth $74,596,000 at the end of the most recent quarter.
A number of other institutional investors have also made changes to their positions in D. Capital Analysts LLC lifted its holdings in Dominion Energy by 2.4% during the fourth quarter. Capital Analysts LLC now owns 6,651 shares of the utilities provider’s stock valued at $390,000 after purchasing an additional 157 shares in the last quarter. Navalign LLC raised its position in shares of Dominion Energy by 1.2% during the 1st quarter. Navalign LLC now owns 14,229 shares of the utilities provider’s stock valued at $880,000 after purchasing an additional 162 shares during the period. Conning Inc. raised its position in shares of Dominion Energy by 0.5% during the 4th quarter. Conning Inc. now owns 33,217 shares of the utilities provider’s stock valued at $1,946,000 after purchasing an additional 176 shares during the period. Castle Rock Wealth Management LLC lifted its stake in shares of Dominion Energy by 2.6% during the 4th quarter. Castle Rock Wealth Management LLC now owns 6,885 shares of the utilities provider’s stock valued at $422,000 after buying an additional 177 shares in the last quarter. Finally, Mather Group LLC. boosted its holdings in Dominion Energy by 3.4% in the 4th quarter. Mather Group LLC. now owns 5,400 shares of the utilities provider’s stock worth $316,000 after buying an additional 178 shares during the period. 73.04% of the stock is owned by institutional investors and hedge funds.
Key Dominion Energy News Here are the key news stories impacting Dominion Energy this week:
Positive Sentiment: Analysts and preview pieces say Dominion Energy’s upcoming quarterly results are expected to show earnings growth, which could support the stock if the company meets or beats estimates. Article Title Positive Sentiment: A BMO Capital Markets note said Dominion Energy’s stock price is expected to rise, reflecting a generally favorable analyst view heading into earnings. Article Title Neutral Sentiment: The company is set to report quarterly earnings on Friday, and investors are waiting to see whether management can deliver on guidance and confirm the outlook for regulated utility growth. Article Title Neutral Sentiment: Several articles focused on storm preparedness and local power-line opposition in Virginia, which are operational and regulatory headlines but do not appear to be immediate financial catalysts. Article Title Negative Sentiment: KeyCorp trimmed longer-term earnings estimates for Dominion Energy across FY2026-FY2030, suggesting slightly slower profit growth than previously expected, which could cap upside if investors focus on future valuation. Article Title Analyst Ratings Changes A number of equities research analysts have issued reports on D shares. BMO Capital Markets increased their price target on Dominion Energy from $64.00 to $70.00 and gave the stock a “market perform” rating in a research note on Wednesday. Truist Financial dropped their price objective on Dominion Energy from $67.00 to $66.00 and set a “hold” rating for the company in a research note on Friday, May 29th. Morgan Stanley cut their target price on Dominion Energy from $69.00 to $68.00 and set an “equal weight” rating for the company in a research report on Tuesday, April 21st. Mizuho lifted their target price on Dominion Energy from $66.00 to $72.00 and gave the company a “neutral” rating in a research note on Tuesday, May 26th. Finally, Barclays lowered their price target on Dominion Energy from $70.00 to $69.00 and set an “overweight” rating on the stock in a report on Tuesday, June 23rd. Four research analysts have rated the stock with a Buy rating, ten have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of $68.00.
Read Our Latest Stock Analysis on Dominion Energy
Dominion Energy Stock Down 0.5% Shares of D stock opened at $71.09 on Friday. The stock has a market cap of $62.52 billion, a P/E ratio of 21.03 and a beta of 0.65. Dominion Energy Inc. has a 52 week low of $55.85 and a 52 week high of $72.99. The company has a quick ratio of 0.61, a current ratio of 0.78 and a debt-to-equity ratio of 1.38. The company’s fifty day simple moving average is $68.58 and its two-hundred day simple moving average is $64.38.
Dominion Energy (NYSE:D – Get Free Report) last issued its quarterly earnings data on Friday, May 1st. The utilities provider reported $0.95 earnings per share for the quarter, beating analysts’ consensus estimates of $0.90 by $0.05. The firm had revenue of $5.02 billion during the quarter, compared to analyst estimates of $4.43 billion. Dominion Energy had a return on equity of 9.63% and a net margin of 16.93%.The business’s quarterly revenue was up 23.1% compared to the same quarter last year. During the same quarter last year, the business posted $0.93 earnings per share. Dominion Energy has set its FY 2026 guidance at 3.450-3.690 EPS. Analysts predict that Dominion Energy Inc. will post 3.57 EPS for the current fiscal year.
Dominion Energy Announces Dividend The company also recently disclosed a quarterly dividend, which was paid on Saturday, June 20th. Stockholders of record on Friday, May 29th were issued a dividend of $0.6675 per share. This represents a $2.67 annualized dividend and a dividend yield of 3.8%. The ex-dividend date of this dividend was Friday, May 29th. Dominion Energy’s dividend payout ratio is 78.99%.
Dominion Energy Profile (Free Report)
Dominion Energy, Inc, headquartered in Richmond, Virginia, is a diversified energy company that primarily operates regulated electricity and natural gas utilities and develops energy infrastructure. The company’s core activities include the generation, transmission and distribution of electricity to residential, commercial and industrial customers, as well as the purchase, storage and delivery of natural gas. Dominion combines traditional utility operations with energy infrastructure businesses to provide essential services across its service territories.
Dominion’s electricity portfolio spans multiple technologies and fuel sources, including nuclear, natural gas-fired generation and renewable resources such as utility-scale solar and wind.
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The market expects Dominion Energy (D - Free Report) to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended June 2026. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates.
The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on July 31. On the other hand, if they miss, the stock may move lower.
While the sustainability of the immediate price change and future earnings expectations will mostly depend on management's discussion of business conditions on the earnings call, it's worth handicapping the probability of a positive EPS surprise.
Zacks Consensus EstimateThis energy company is expected to post quarterly earnings of $0.78 per share in its upcoming report, which represents a year-over-year change of +4%.
Revenues are expected to be $4.06 billion, up 6.6% from the year-ago quarter.
Estimate Revisions TrendThe consensus EPS estimate for the quarter has been revised 0.03% lower over the last 30 days to the current level. This is essentially a reflection of how the covering analysts have collectively reassessed their initial estimates over this period.
Investors should keep in mind that an aggregate change may not always reflect the direction of estimate revisions by each of the covering analysts.
Price, Consensus and EPS Surprise
Earnings WhisperEstimate revisions ahead of a company's earnings release offer clues to the business conditions for the period whose results are coming out. This insight is at the core of our proprietary surprise prediction model -- the Zacks Earnings ESP (Expected Surprise Prediction).
The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a more recent version of the Zacks Consensus EPS estimate. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier.
Thus, a positive or negative Earnings ESP reading theoretically indicates the likely deviation of the actual earnings from the consensus estimate. However, the model's predictive power is significant for positive ESP readings only.
A positive Earnings ESP is a strong predictor of an earnings beat, particularly when combined with a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold). Our research shows that stocks with this combination produce a positive surprise nearly 70% of the time, and a solid Zacks Rank actually increases the predictive power of Earnings ESP.
Please note that a negative Earnings ESP reading is not indicative of an earnings miss. Our research shows that it is difficult to predict an earnings beat with any degree of confidence for stocks with negative Earnings ESP readings and/or Zacks Rank of 4 (Sell) or 5 (Strong Sell).
How Have the Numbers Shaped Up for Dominion Energy?For Dominion Energy, the Most Accurate Estimate is lower than the Zacks Consensus Estimate, suggesting that analysts have recently become bearish on the company's earnings prospects. This has resulted in an Earnings ESP of -7.69%.
On the other hand, the stock currently carries a Zacks Rank of #4.
So, this combination makes it difficult to conclusively predict that Dominion Energy will beat the consensus EPS estimate.
Does Earnings Surprise History Hold Any Clue?Analysts often consider to what extent a company has been able to match consensus estimates in the past while calculating their estimates for its future earnings. So, it's worth taking a look at the surprise history for gauging its influence on the upcoming number.
For the last reported quarter, it was expected that Dominion Energy would post earnings of $0.89 per share when it actually produced earnings of $0.95, delivering a surprise of +6.74%.
Over the last four quarters, the company has beaten consensus EPS estimates four times.
Bottom LineAn earnings beat or miss may not be the sole basis for a stock moving higher or lower. Many stocks end up losing ground despite an earnings beat due to other factors that disappoint investors. Similarly, unforeseen catalysts help a number of stocks gain despite an earnings miss.
That said, betting on stocks that are expected to beat earnings expectations does increase the odds of success. This is why it's worth checking a company's Earnings ESP and Zacks Rank ahead of its quarterly release. Make sure to utilize our Earnings ESP Filter to uncover the best stocks to buy or sell before they've reported.
Dominion Energy doesn't appear a compelling earnings-beat candidate. However, investors should pay attention to other factors too for betting on this stock or staying away from it ahead of its earnings release.
Expected Results of an Industry PlayerEdison International (EIX - Free Report) , another stock in the Zacks Utility - Electric Power industry, is expected to report earnings per share of $1.02 for the quarter ended June 2026. This estimate points to a year-over-year change of +5.2%. Revenues for the quarter are expected to be $4.72 billion, up 3.9% from the year-ago quarter.
The consensus EPS estimate for Edison International has been revised 6.7% lower over the last 30 days to the current level. However, a higher Most Accurate Estimate has resulted in an Earnings ESP of +4.66%.
This Earnings ESP, combined with its Zacks Rank #2 (Buy), suggests that Edison International will most likely beat the consensus EPS estimate. The company beat consensus EPS estimates in each of the trailing four quarters.
Stay on top of upcoming earnings announcements with the Zacks Earnings Calendar.
Dominion Energy (D - Free Report) closed at $71.09 in the latest trading session, marking a +1.78% move from the prior day. This move outpaced the S&P 500's daily loss of 0.14%. Elsewhere, the Dow saw a downswing of 0.01%, while the tech-heavy Nasdaq depreciated by 0.57%.
Heading into today, shares of the energy company had gained 2.05% over the past month, outpacing the Utilities sector's gain of 0.68% and the S&P 500's gain of 0.25%.
Analysts and investors alike will be keeping a close eye on the performance of Dominion Energy in its upcoming earnings disclosure. The company's earnings report is set to go public on July 31, 2026. The company is expected to report EPS of $0.78, up 4% from the prior-year quarter. In the meantime, our current consensus estimate forecasts the revenue to be $4.06 billion, indicating a 6.68% growth compared to the corresponding quarter of the prior year.
Regarding the entire year, the Zacks Consensus Estimates forecast earnings of $3.58 per share and revenue of $17.99 billion, indicating changes of +4.68% and +9.01%, respectively, compared to the previous year.
Investors might also notice recent changes to analyst estimates for Dominion Energy. Such recent modifications usually signify the changing landscape of near-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the business outlook.
Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. To take advantage of this, we've established the Zacks Rank, an exclusive model that considers these estimated changes and delivers an operational rating system.
The Zacks Rank system, running from #1 (Strong Buy) to #5 (Strong Sell), holds an admirable track record of superior performance, independently audited, with #1 stocks contributing an average annual return of +25% since 1988. Within the past 30 days, our consensus EPS projection has moved 0.36% lower. Dominion Energy is currently sporting a Zacks Rank of #3 (Hold).
In the context of valuation, Dominion Energy is at present trading with a Forward P/E ratio of 19.51. This signifies a premium in comparison to the average Forward P/E of 18.02 for its industry.
The Utility - Electric Power industry is part of the Utilities sector. This industry, currently bearing a Zacks Industry Rank of 102, finds itself in the top 42% echelons of all 250+ industries.
The Zacks Industry Rank assesses the vigor of our specific industry groups by computing the average Zacks Rank of the individual stocks incorporated in the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Remember to apply Zacks.com to follow these and more stock-moving metrics during the upcoming trading sessions.
During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high dividend payout.
Below are the ratings of the most accurate analysts for three high-yielding stocks in the utilities sector.
Dominion Energy Inc (NYSE:D)Spire Inc (NYSE:SR)Northwest Natural Holding Co (NYSE:NWN)Photo via Shutterstock
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JUNO BEACH, Fla. & RICHMOND, Va.--(BUSINESS WIRE)--NextEra Energy, Inc. (NYSE: NEE) and Dominion Energy, Inc. (NYSE: D) today filed applications seeking regulatory approval of their proposed combination with the Virginia State Corporation Commission, the North Carolina Utilities Commission, the Public Service Commission of South Carolina, the Federal Energy Regulatory Commission and the Nuclear Regulatory Commission. America is entering an era of rapidly growing electricity demand that will req.
NextEra Energy and Dominion Energy file applications seeking regulatory approval of their proposed combination Customers in Virginia, North Carolina and South Carolina would receive $2.25 billion in shareholder-funded bill credits, and the companies have committed that merger-related costs will not be passed on to customers The combination brings together Dominion Energy's local leadership, experienced workforce and community knowledge with NextEra Energy's added financial strength, supply chain expertise and infrastructure development capabilities The combined company would bring an all-of-the-above energy platform, including renewables, battery storage, nuclear and natural gas, with industry-leading capabilities Dominion Energy's operating companies will remain locally led and separately regulated, with meaningful job protections; the combined company would maintain dual corporate headquarters in Richmond, Virginia, and Juno Beach, Florida, and an operational headquarters in Cayce, South Carolina The combination positions Virginia, North Carolina and South Carolina to meet unprecedented power demand, support jobs and economic development, and keep customer bills affordable The transaction is expected to close in the second half of 2027 , /PRNewswire/ -- NextEra Energy, Inc. (NYSE: NEE) and Dominion Energy, Inc. (NYSE: D) today filed applications seeking regulatory approval of their proposed combination with the Virginia State Corporation Commission, the North Carolina Utilities Commission, the Public Service Commission of South Carolina, the Federal Energy Regulatory Commission and the Nuclear Regulatory Commission.
America is entering an era of rapidly growing electricity demand that will require substantial investment in generation, transmission, distribution and grid resilience. The proposed combination is designed to preserve Dominion Energy's local strengths with NextEra Energy's added resources, balance sheet strength, supply chain expertise, construction experience and operating capabilities to help meet that demand reliably and affordably over the long term. The combined company would serve approximately 10 million customer accounts across four of the nation's fastest-growing states and be better positioned to buy, build, finance and operate the energy infrastructure customers need more efficiently.
The larger platform is intended to complement, not replace, Dominion Energy's local operating model. Dominion Energy's operating companies would remain locally led, separately regulated and accountable to their state commissions, while their teams gain access to additional technology, capital and proven practices. That includes a proven track record at Florida Power & Light Company (FPL) with more than 20 years of reliably and affordably meeting growth in one of the fastest-growing states in America, with a reliability performance of more than 60% better than the national average and a typical residential bill approximately 30% below the national average.
A word from John Ketchum, chairman, president and CEO of NextEra Energy:
"This combination is about putting scale and a stronger, more comprehensive platform behind Dominion Energy's local teams so they can meet growing power demand while keeping bills affordable and service reliable. We're bringing together two industry-leading teams with complementary strengths and expertise. Dominion Energy brings deep local knowledge, experienced employees and a strong operating record. NextEra Energy brings additional scale, an industry-leading operating platform, financial strength, supply chain expertise and operating efficiencies we have built through FPL and NextEra Energy Resources. Together, we will be better positioned to partner with states and communities to attract new investment, support new jobs and invest in the all-of-the-above energy infrastructure customers need, including renewables, battery storage, nuclear and gas-fired generation. Customers would experience immediate value through $2.25 billion in shareholder-funded bill credits and long-term value through a stronger company that can buy, build, finance and operate energy infrastructure projects more efficiently, which will result in long-term customer benefits."
A word from Robert Blue, chair, president and CEO of Dominion Energy:
"This is a combination centered on customers, communities and employees. It preserves the Dominion Energy utilities our customers know — the same local leaders, employees, regulatory oversight and commitment to an all-of-the-above energy mix — while adding capabilities that can help us build needed infrastructure more efficiently and keep bills affordable. Our employees and communities can be confident that we will remain a strong local employer, a constructive economic development partner and a reliable provider of the energy that powers homes, businesses and new investments."
Delivering real value to customers, communities and employees
Immediate bill relief and customer protections: Dominion Energy customers in Virginia, North Carolina and South Carolina would receive $2.25 billion in bill credits over the first two years after closing, funded by shareholders and not recoverable from customers. Customers also would be held harmless from any and all transaction, transition, acquisition-premium, financing and restructuring costs associated with the combination. Long-term affordability and reliability: The benefits extend beyond the initial credits. The combined company's greater purchasing power, broader supply chain visibility, increased access to capital, project execution capabilities and larger operating platform are expected to help meet growing power demand affordably while maintaining service quality and reliability. An all-of-the-above energy platform: Through its regulated utilities and subsidiaries, the combined company would own or operate more than 110 gigawatts of electric generating resources across renewables, battery storage, nuclear and natural gas. The combination would pair Dominion Energy's local operating expertise and generation portfolio with NextEra Energy's industry-leading solar and battery storage capabilities, as well as deep experience in nuclear, natural gas, transmission and grid modernization. Customer service and storm response: The combination would provide access to a larger regulated utility platform, drawing on best practices across FPL and Dominion Energy's operating companies in customer service, storm restoration, grid modernization, workforce tools, data analytics, artificial intelligence and process improvement. Locally led, locally staffed and fully accountable: Dominion Energy's operating companies will remain separately regulated and locally led. The combined company will maintain dual corporate headquarters in Richmond, Virginia, and Juno Beach, Florida, and an operational headquarters in Cayce, South Carolina. State regulators would continue to oversee rates, service, resource planning and major investments. Dominion Energy employees would receive 18 months of job protection after closing; non-union employees would receive two years of current compensation and comparable benefits. Collective bargaining agreements would continue according to their terms. A partner in economic and community development: Reliable, affordable energy is foundational to economic development. The combined company intends to partner with state and local leaders to support existing employers, attract new businesses, and encourage additional investment from suppliers, contractors and service providers. It also would increase Dominion Energy's historical shareholder-funded charitable giving by $10 million annually for five years across Virginia, North Carolina and South Carolina. Transaction review process
The transaction has been unanimously approved by the boards of directors of both companies. The transaction is expected to close in the second half of 2027, subject to customary closing conditions and approvals by the shareholders of NextEra Energy and Dominion Energy, state regulatory review and approval from the Virginia State Corporation Commission, the North Carolina Utilities Commission and the Public Service Commission of South Carolina, the expiration or termination of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act, approval by the Federal Energy Regulatory Commission under Section 203 of the Federal Power Act and approval by the Nuclear Regulatory Commission.
More information about the proposed combination is available at www.DominionNextEraFuture.com. Applications will be posted as they are filed.
About NextEra Energy, Inc.
NextEra Energy, Inc. (NYSE: NEE) is the largest electric power and energy infrastructure company in North America, the world's leader in renewables and storage and a leading provider of electricity to American homes and businesses. Headquartered in Juno Beach, Florida, NextEra Energy is a Fortune 200 company that owns Florida Power & Light Company, America's largest electric utility, which provides reliable electricity to approximately 12 million people across Florida. NextEra Energy also owns the largest energy infrastructure development company in the U.S., NextEra Energy Resources, LLC. NextEra Energy and its affiliated entities are meeting America's growing energy needs with a diverse mix of energy sources, including renewables, battery storage, nuclear and natural gas. For more information about NextEra Energy companies, visit these websites: www.NextEraEnergy.com, www.FPL.com, www.NextEraEnergyResources.com.
About Dominion Energy
Dominion Energy (NYSE: D), headquartered in Richmond, Va., provides regulated electricity service to 3.6 million homes and businesses in Virginia, North Carolina and South Carolina, and regulated natural gas service to 500,000 customers in South Carolina. The company is one of the nation's leading developers and operators of regulated offshore wind and solar power and the largest producer of carbon-free electricity in New England. The company's mission is to provide the reliable, affordable and increasingly clean energy that powers its customers every day. Please visit DominionEnergy.com to learn more.
Forward-Looking Statements
This communication includes "forward-looking statements" within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. All statements other than statements of historical fact included or incorporated by reference in this communication, including, among other things, statements regarding the proposed business combination transaction between NextEra Energy, Inc., a Florida Corporation ("NextEra Energy"), and Dominion Energy, Inc., a Virginia Corporation ("Dominion Energy"), and future events, plans and anticipated results of operations, business strategies, the anticipated benefits of the proposed transactions, the anticipated impact of the proposed transactions on the combined company's business and future financial and operating results, the anticipated closing date for the proposed transactions and other aspects of NextEra Energy's or Dominion Energy's operations or operating results are forward-looking statements. Words and phrases such as "ambition," "anticipate," "estimate," "believe," "budget," "continue," "could," "intend," "may," "plan," "potential," "predict," "seek," "should," "will," "would," "expect," "objective," "projection," "forecast," "goal," "guidance," "outlook," "effort," "target," the negative of such terms or other variations thereof and words and terms of similar substance used in connection with any discussion of future plans, actions or events can be used to identify forward-looking statements. Where, in any forward-looking statement, NextEra Energy or Dominion Energy expresses an expectation or belief as to future results, such expectation or belief is expressed in good faith and believed to be reasonable at the time such forward-looking statement is made. Any forward-looking statement is not a guarantee of future performance, outcomes or results and is subject to numerous risks, uncertainties and other factors, many of which are beyond NextEra Energy's or Dominion Energy's control, that could cause actual performance, outcomes or results to differ materially from what is expressed or implied in the forward-looking statement.
These factors include a failure by NextEra Energy to successfully integrate Dominion Energy's businesses and technologies, which may result in the combined company not operating as effectively and efficiently as expected; the risk that the expected benefits of the proposed transactions may not be fully realized or may take longer to realize than expected; each party's ability to obtain the approval of its shareholders required to consummate the proposed transactions and the timing of the closing of the proposed transactions, including the risk that the conditions to closing are not satisfied on a timely basis or at all or the failure of the transactions to close for any other reason or to close on the anticipated terms, including with the anticipated tax treatment; the risk that any governmental or regulatory approval, consent or authorization that may be required for the proposed transactions is not obtained, is delayed or is obtained subject to conditions that are not anticipated or that cause the termination of the merger agreement and abandonment of the transactions; the occurrence of any event, change or other circumstance that could give rise to the termination of the merger agreement by either party; the risk that certain provisions in the merger agreement or the pendency of the transactions may impact either party's ability to pursue certain business opportunities or strategic transactions; unanticipated difficulties, liabilities or expenditures relating to the transactions, including the impact of potential litigation relating to the transactions; the effect of the announcement, pendency or completion of the proposed transactions on the parties' business relationships and business operations generally, including the parties' relationship with regulators, suppliers, vendors and customers; the effect of the announcement or pendency of the proposed transactions on the parties' common stock prices and uncertainty as to the long-term value of either party's common stock; risks that the proposed transactions disrupt either party's current plans and operations, including due to the diversion of the attention of management from ordinary course business operations, and potential difficulties in hiring or retaining employees as a result of the proposed transactions; any rating agency actions; and the impact of the announcement or pendency of the proposed transactions on either party's ability to access capital, including the short- and long-term debt markets, on a timely and affordable basis; general worldwide economic conditions and related uncertainties; the effect and timing of changes in laws or in governmental regulations (including environmental); fluctuations in trading prices of securities of NextEra Energy and in the financial results of NextEra Energy or Dominion Energy; and the timing and extent of changes in interest rates, commodity prices and demand and market prices for electricity or gas. The preliminary joint proxy statement/prospectus included in the registration statement on Form S-4 (Registration No. 333-297351) filed by NextEra Energy with the Securities and Exchange Commission (the "SEC") on July 9, 2026 (available at https://www.sec.gov/Archives/edgar/data/753308/000110465926082301/tm2614888-13_s4.htm) ("Registration Statement"), describes additional risks relating to the proposed transactions and combined company. While the list of factors presented here and the list of factors presented in the Registration Statement are considered representative, no such list should be considered to be a complete statement of all potential risks and uncertainties. For additional information about other factors that could cause actual results to differ materially from those described in the forward-looking statements, please refer to NextEra Energy's and Dominion Energy's respective periodic reports and other filings with the SEC, including the risk factors contained in NextEra Energy's and Dominion Energy's most recently filed Annual Reports on Form 10-K and subsequently filed Quarterly Reports on Form 10-Q.
Any forward-looking statements included in this communication represent current expectations and are inherently uncertain and are made only as of the date hereof (or, if applicable, the dates indicated in such statement). Except as required by law, neither NextEra Energy nor Dominion Energy undertakes or assumes any obligation to update any forward-looking statements, whether as a result of new information or to reflect subsequent events or circumstances or otherwise.
No Offer or Solicitation
This communication is not intended to and shall not constitute an offer to buy or sell or the solicitation of an offer to buy or sell any securities, or a solicitation of any vote or approval, nor shall there be any sale, issuance or transfer of securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. No offering of securities shall be made, except by means of a prospectus meeting the requirements of Section 10 of the Securities Act of 1933, as amended.
Additional Information about the Transactions and Where to Find It
In connection with the proposed transactions, NextEra Energy filed with the SEC the Registration Statement, which includes a preliminary joint proxy statement of NextEra Energy and Dominion Energy that also constitutes a preliminary prospectus of NextEra Energy. Each of NextEra Energy and Dominion Energy intends to file with the SEC a definitive joint proxy statement/prospectus. Each of NextEra Energy and Dominion Energy may also file other relevant documents with the SEC regarding the proposed transactions. This communication is not a substitute for the Registration Statement or the definitive joint proxy statement/prospectus or any other document that NextEra Energy or Dominion Energy may file with the SEC. The definitive joint proxy statement/prospectus (if and when available) will be mailed to shareholders of NextEra Energy and Dominion Energy. INVESTORS AND SECURITY HOLDERS ARE URGED TO READ THE REGISTRATION STATEMENT, DEFINITIVE JOINT PROXY STATEMENT/PROSPECTUS, AND ANY OTHER RELEVANT DOCUMENTS THAT MAY BE FILED WITH THE SEC, AS WELL AS ANY AMENDMENTS OR SUPPLEMENTS TO THOSE DOCUMENTS, CAREFULLY AND IN THEIR ENTIRETY IF AND WHEN THEY BECOME AVAILABLE BECAUSE THEY CONTAIN OR WILL CONTAIN IMPORTANT INFORMATION ABOUT NEXTERA ENERGY, DOMINION ENERGY, THE PROPOSED TRANSACTIONS AND RELATED MATTERS.
Investors and security holders are or will be able to obtain free copies of the Registration Statement, including the preliminary joint proxy statement/prospectus, and the definitive joint proxy statement/prospectus (if and when available) and other documents containing important information about NextEra Energy, Dominion Energy and the proposed transactions, once such documents are filed with the SEC through the website maintained by the SEC at www.sec.gov. Copies of the documents filed with the SEC by NextEra Energy are available free of charge on NextEra Energy's website at http://www.investor.nexteraenergy.com/ or by contacting NextEra Energy's Investor Relations Department by email at [email protected] or by phone at (800) 222-4511. Copies of the documents filed with the SEC by Dominion Energy are available free of charge on Dominion Energy's website at http://investors.dominionenergy.com or by contacting Dominion Energy's Investor Relations Department by email at [email protected] or by phone at (804) 819-2438.
Participants in the Solicitation
NextEra Energy, Dominion Energy and certain of their respective directors and executive officers may be deemed to be participants in the solicitation of proxies in respect of the proposed transactions. Information about the directors and executive officers of NextEra Energy, including a description of their direct or indirect interests, by security holdings or otherwise, is set forth in (i) NextEra Energy's proxy statement for its 2026 annual meeting of shareholders, which was filed with the SEC on April 1, 2026, including under the headings "Proposal 1: Election as directors of the nominees specified in this proxy statement," "Director Compensation," "Executive Compensation," and "Common Stock Ownership of Certain Beneficial Owners and Management" (ii) NextEra Energy's Annual Report on Form 10-K for the fiscal year ended December 31, 2025, which was filed with the SEC on February 13, 2026, including under the heading "Item 1. Business—Information About Our Executive Officers" and (iii) to the extent certain holdings of NextEra Energy securities by its directors or executive officers have changed since the amounts set forth in NextEra Energy's proxy statement for its 2026 annual meeting of shareholders, such changes have been or will be reflected on Initial Statement of Beneficial Ownership of Securities on Form 3, Statement of Changes in Beneficial Ownership on Form 4, or Annual Statement of Changes in Beneficial Ownership of Securities on Form 5, filed with the SEC.
Information about the directors and executive officers of Dominion Energy, including a description of their direct or indirect interests, by security holdings or otherwise, is set forth in (i) Dominion Energy's proxy statement for its 2026 annual meeting of shareholders, which was filed with the SEC on March 19, 2026, including under the headings "Item 1: Election of Directors – Director Nominees," "Compensation of Non-Employee Directors," "Executive Compensation" and "Security Ownership of Certain Beneficial Owners and Management," (ii) Dominion Energy's Annual Report on Form 10-K for the fiscal year ended December 31, 2025, which was filed with the SEC on February 23, 2026, including under the heading "Information about our Executive Officers," and (iii) to the extent certain holdings of Dominion Energy securities by its directors or executive officers have changed since the amounts set forth in Dominion Energy's proxy statement for its 2026 annual meeting of shareholders, such changes have been or will be reflected on Initial Statement of Beneficial Ownership of Securities on Form 3, Statement of Changes in Beneficial Ownership on Form 4 or Annual Statement of Changes in Beneficial Ownership of Securities on Form 5, filed with the SEC.
Other information regarding the participants in the proxy solicitations and a description of their direct and indirect interests, by security holdings or otherwise, will be contained in the definitive joint proxy statement/prospectus and other relevant materials to be filed with the SEC regarding the proposed transactions when such materials become available. Investors should read the definitive joint proxy statement/prospectus carefully when it becomes available before making any voting or investment decisions. Copies of the documents filed with the SEC by NextEra Energy and Dominion Energy are available free of charge through the website maintained by the SEC at www.sec.gov. Additionally, copies of documents filed with the SEC by NextEra Energy and Dominion Energy are available free of charge through the sources indicated above.
Dominion Energy (D - Free Report) closed the most recent trading day at $70.80, moving +1.03% from the previous trading session. This change outpaced the S&P 500's 0.79% loss on the day. Meanwhile, the Dow lost 0.26%, and the Nasdaq, a tech-heavy index, lost 1.55%.
Shares of the energy company have appreciated by 3.2% over the course of the past month, outperforming the Utilities sector's gain of 2.4%, and lagging the S&P 500's gain of 4.28%.
The investment community will be paying close attention to the earnings performance of Dominion Energy in its upcoming release. The company is slated to reveal its earnings on July 31, 2026. The company is expected to report EPS of $0.78, up 4% from the prior-year quarter. Meanwhile, our latest consensus estimate is calling for revenue of $3.91 billion, up 2.5% from the prior-year quarter.
Regarding the entire year, the Zacks Consensus Estimates forecast earnings of $3.59 per share and revenue of $17.73 billion, indicating changes of +4.97% and +7.39%, respectively, compared to the previous year.
It is also important to note the recent changes to analyst estimates for Dominion Energy. Such recent modifications usually signify the changing landscape of near-term business trends. As a result, upbeat changes in estimates indicate analysts' favorable outlook on the business health and profitability.
Our research shows that these estimate changes are directly correlated with near-term stock prices. To take advantage of this, we've established the Zacks Rank, an exclusive model that considers these estimated changes and delivers an operational rating system.
The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. Within the past 30 days, our consensus EPS projection remained stagnant. Dominion Energy currently has a Zacks Rank of #3 (Hold).
In terms of valuation, Dominion Energy is currently trading at a Forward P/E ratio of 19.5. This expresses a premium compared to the average Forward P/E of 18.25 of its industry.
The Utility - Electric Power industry is part of the Utilities sector. This industry currently has a Zacks Industry Rank of 160, which puts it in the bottom 35% of all 250+ industries.
The Zacks Industry Rank evaluates the power of our distinct industry groups by determining the average Zacks Rank of the individual stocks forming the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Keep in mind to rely on Zacks.com to watch all these stock-impacting metrics, and more, in the succeeding trading sessions.
RICHMOND, Va.--(BUSINESS WIRE)--Dominion Energy (NYSE: D) will host its second-quarter 2026 earnings call at 11 a.m. ET on Friday, July 31, 2026. Management will discuss matters of interest to financial and other stakeholders including recent financial results. A live webcast of the conference call, including accompanying slides and other financial information, will be available on the investor information pages at investors.dominionenergy.com. For individuals who prefer to join via telephone,.
NextEra Energy (NYSE: NEE | NEE Price Prediction) and Dominion Energy (NYSE: D) reported Q1 2026 results, then confirmed a $66.8 billion all-stock deal making NextEra the buyer of Dominion’s Virginia franchise. The earnings explain the bid: Dominion’s grid sits under the world’s densest data center cluster, and NextEra needs that real estate.
Virginia Volumes Carry Dominion. Florida Solar Carries NextEra. Dominion’s quarter was a Virginia story. Revenue hit $5.02 billion, up 23.1% year over year, with adjusted EPS of $0.95 against a $0.91 estimate. Dominion Energy Virginia operating earnings jumped $109 million as Loudoun County hyperscaler load compounded. Management reaffirmed a $64.7 billion five-year capital plan aimed at that demand, though a $78 million nonregulated solar impairment and offshore wind tariff costs trimmed gains.
NextEra’s earnings report leaned on Florida and renewables backlog. Adjusted EPS rose 10% to $1.09, FPL added roughly 100,000 customers, and NextEra Energy Resources added 4 GW to backlog, taking the total to about 33 GW. CEO John Ketchum stated: “NextEra Energy builds all forms of energy infrastructure and has experience across the entire energy value chain at massive scale with a balance sheet to back it up.” The Dominion bid is what that balance sheet just bought.
One Owns the Wires. The Other Owns the Megawatts. Dominion controls regulated transmission corridors into Northern Virginia, the undisputed data center capital of the world. NextEra owns generation scale across 49 states, plus the recommissioning of the 615-megawatt Duane Arnold nuclear plant with Google and a 9.5 GW gas build in Texas and Pennsylvania under the U.S.-Japan trade deal.
Lens Dominion NextEra Core Bet Loudoun County rate base National renewables and gas scale EPS CAGR Target 5%-7% through 2030 8%+ through 2032 Dividend Yield 3.84% 2.65% Forward P/E 19 22 Dominion shareholders get an implied $76 per share via 0.8138 NEE shares plus a $360 million cash sweetener. The stock trades at $69.39, up 20.88% year to date, so the market is pricing regulatory friction.
The Virginia State Corporation Commission Decides Everything Watch the 12 to 18 month approval window and the $2.25 billion in promised customer bill credits. Virginia regulators remember NextEra’s $150 million Florida political interference settlement. CVOW cost recovery, the July 4, 2026 clean-energy tax-credit deadline, and the $2.24 billion termination fee matter more than the next quarterly earnings report.
Why I Lean Toward Dominion Here Dominion offers the cleaner setup today on the numbers. Holders currently see a 3.84% yield and a roughly 10% spread to the $76 implied deal price while regulators work. If the deal closes, you convert into NextEra shares at a baked-in ratio. If it breaks, Dominion still owns the Loudoun corridor every hyperscaler needs. NextEra’s profile fits an 8%+ growth thesis with exposure to integration friction, share issuance, and the Virginia political fight. NEE’s path likely stays choppy until the SCC signals its hand.
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In the latest trading session, Dominion Energy (D - Free Report) closed at $68.29, marking a -1.29% move from the previous day. The stock trailed the S&P 500, which registered a daily gain of 0.79%. Elsewhere, the Dow gained 0.26%, while the tech-heavy Nasdaq added 1.52%.
The energy company's shares have seen an increase of 7.07% over the last month, surpassing the Utilities sector's gain of 2.96% and the S&P 500's loss of 1.82%.
The investment community will be paying close attention to the earnings performance of Dominion Energy in its upcoming release. The company is expected to report EPS of $0.78, up 4% from the prior-year quarter. In the meantime, our current consensus estimate forecasts the revenue to be $3.91 billion, indicating a 2.5% growth compared to the corresponding quarter of the prior year.
Looking at the full year, the Zacks Consensus Estimates suggest analysts are expecting earnings of $3.59 per share and revenue of $17.73 billion. These totals would mark changes of +4.97% and +7.39%, respectively, from last year.
Investors should also pay attention to any latest changes in analyst estimates for Dominion Energy. These revisions typically reflect the latest short-term business trends, which can change frequently. Therefore, positive revisions in estimates convey analysts' confidence in the business performance and profit potential.
Empirical research indicates that these revisions in estimates have a direct correlation with impending stock price performance. To exploit this, we've formed the Zacks Rank, a quantitative model that includes these estimate changes and presents a viable rating system.
The Zacks Rank system, ranging from #1 (Strong Buy) to #5 (Strong Sell), possesses a remarkable history of outdoing, externally audited, with #1 stocks returning an average annual gain of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has witnessed an unchanged state. Dominion Energy presently features a Zacks Rank of #3 (Hold).
Looking at its valuation, Dominion Energy is holding a Forward P/E ratio of 19.25. This expresses a premium compared to the average Forward P/E of 18.44 of its industry.
The Utility - Electric Power industry is part of the Utilities sector. Currently, this industry holds a Zacks Industry Rank of 80, positioning it in the top 33% of all 250+ industries.
The Zacks Industry Rank assesses the strength of our separate industry groups by calculating the average Zacks Rank of the individual stocks contained within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Remember to apply Zacks.com to follow these and more stock-moving metrics during the upcoming trading sessions.
This is a fair market value price provided by Massive. Learn more.
52-Week Range$67.54▼
$98.75Dividend Yield2.84%
P/E Ratio22.32
Price Target$99.86
In May, NextEra Energy NYSE: NEE made an aggressive move to establish dominance in the utilities space by announcing its $67 billion all-stock deal to acquire Dominion Energy Inc. NYSE: D. At a time when major players across the energy and utilities spaces are vying to meet seemingly endless demand for AI applications, NextEra's move could position it as the go-to provider of infrastructure and energy for major technology platforms across the country.
The question for investors may be whether now is a good time to load up on shares of NEE. The stock has made year-to-date (YTD) gains of nearly 10.4% but remains shy of its all-time highs achieved in April 2026. Still, Wall Street is less than fully enthusiastic: analysts have issued 15 Buy ratings, two Strong Buy ratings, as well as five Holds, for an overall Moderate Buy rating on NEE shares. A comparison of NextEra's likely post-acquisition strengths against two of its major competitors that are also involved in the AI space—Duke Energy Corp. NYSE: DUK and Constellation Energy Corp. NASDAQ: CEG—may be revealing for investors.
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Duke's Expansion Prospects Compared to NextEra's Infrastructure BaseDuke Energy Today
$126.70 -1.63 (-1.27%)
As of 03:59 PM Eastern
This is a fair market value price provided by Massive. Learn more.
52-Week Range$113.89▼
$134.49Dividend Yield3.36%
P/E Ratio19.40
Price Target$138.33
Duke serves millions of residential and other customers across the Midwest and the Southeast, giving it key advantages in places like the Carolinas, Florida, and Indiana. The company has already made a massive transmission investment and is expanding its gas generation capabilities, in addition to new generation, grid operations, and more resources to support AI. The company can support this expansion with its strong Q1 2026 financials, including an 11% year-over-year (YOY) improvement in revenue and a healthy 5-7% long-term earnings per share (EPS) growth target over the next three years.
NextEra may have an advantage, particularly after the Dominion acquisition, in that its infrastructure base is already primed for AI and hyperscaler needs. Virginia's key data center region is a hotbed across the country, and Dominion already supports this area. NextEra's acquisition will give it access to the likely tremendous AI electricity demand in this region, a key benefit. At the same time, Duke's opportunity may rely more on the company's ability to attract AI campuses to its regions in the future, which is less of a guarantee.
Constellation's Nuclear Energy AdvantageConstellation Energy Today
CEG
Constellation Energy
$248.37 -10.95 (-4.22%)
As of 04:00 PM Eastern
52-Week Range$240.51▼
$412.70Dividend Yield0.68%
P/E Ratio21.58
Price Target$370.64
Constellation's important appeal to investors when compared to NextEra is its dominance in the nuclear energy space. Though NextEra is no slouch when it comes to nuclear generation, Constellation has a leg up: the firm recently reiterated a 20%+ base earnings growth rate through 2029 and forecasts for rapidly accelerating free cash flow growth over that period as well.
The benefits of nuclear power for AI companies are many, including round-the-clock carbon-free electricity without intermittency, long-term contracts, and large, continuous output. Constellation could be in a position to win big with long-duration contracts to supply hyperscalers with nuclear power.
On the other hand, NextEra could still have the advantage overall thanks to its massive infrastructure, made all the more impressive with the upcoming Dominion acquisition, including transmission, distribution, generation, and many other avenues for diversification.
NextEra Energy Still Looks Compelling for Renewable InvestorsA closer look at Wall Street analysis of these three major players may complicate the picture for investors looking to load up on an AI-linked utilities stock in the short term. Of these three names, CEG has the strongest upside potential at nearly 48%—this is after declining by about 28% YTD. By comparison, analysts see NEE shares growing by only about 13%. Duke is behind both with upside predictions of about 8%.
Overall MarketRank™95th Percentile
Analyst RatingModerate Buy
Upside/Downside12.9% Upside
Short Interest LevelHealthy
Dividend StrengthStrong
News Sentiment1.02 Insider TradingN/A
Proj. Earnings Growth8.73%
See Full Analysis
Ultimately, investors particularly bullish on renewables may find NextEra to be the dominant choice, and now may be a good time to stock up on the company for that reason. In its latest quarterly report, NextEra noted an incredible 4 GW of new long-term contracted renewables and storage, with a backlog totaling about 33 GW. At the same time, its Florida utilities operation made solid gains of about 100,000 customers while still achieving growth and reliability targets. The company has successfully balanced its electric utility business with its renewables (the latter in particular with regard to solar and wind). NextEra has also done a good job managing its debt load and has a debt-to-equity ratio of only 1.41. Add to this a price-to-book ratio of 2.76 and a dividend yield of 2.81% with a three-decade history of dividend increases—highly competitive even if somewhat behind Duke's dividend yield—and there are plenty of good reasons to look at this company even before it completes the next major acquisition.
Should You Invest $1,000 in NextEra Energy Right Now?Before you consider NextEra Energy, you'll want to hear this.
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Committee member of the Senate Armed Services Committee, U.S. Senator Angus S. King Jr. (I-ME), attends a Senate Armed Services Committee hearing on U.S. President Donald Trump's FY2027 budget... Purchase Licensing Rights, opens new tab Read more
CompaniesNEW YORK, June 29 (Reuters) - U.S. Senator Angus King is urging the country's top energy regulator to reject NextEra Energy's (NEE.N), opens new tab proposed $66.8 billion acquisition of Dominion Energy (D.N), opens new tab, saying the deal would consolidate too much power in the hands of one company, a filing on Monday showed.
The country has seen a spate of giant power mergers in recent years with the rise of electricity demand after a roughly two-decade-long lull, driven by the expansion of energy-intensive data centers and the electrification of industries like transportation.
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Last month, NextEra announced its plan to buy Dominion to create the world's largest regulated electric utility, in what would be one of the all-time biggest mergers of its kind. Virginia-based Dominion serves the largest concentration of data centers globally.
In a letter to the Federal Energy Regulatory Commission, King, from Maine, said the massive utility formed by the consolidation would deter competition in a territory that would affect more than 10 million people.
"A single firm with that mix of merchant generation, regulated generation, transmission, and load-pocket exposure has powerful incentives and tools to shape regional markets in its favor," King said, citing the 110 gigawatts of electric-generating capacity between the two companies, the most natural gas-fired power and second-largest nuclear operations in the country.
King said NextEra has already stymied clean energy power competition through lobbying efforts in New England. He cited other business conduct concerns by the company that he said could ultimately raise prices for consumers.
NextEra was not immediately available for comment.
Reporting by Laila Kearney in New York; Editing by Liz Hampton and David Gaffen
Our Standards: The Thomson Reuters Trust Principles., opens new tab
In the latest trading session, Dominion Energy (D - Free Report) closed at $69.26, marking a +1.18% move from the previous day. This move outpaced the S&P 500's daily loss of 0.1%. Meanwhile, the Dow experienced a rise of 0.35%, and the technology-dominated Nasdaq saw a decrease of 0.43%.
Heading into today, shares of the energy company had gained 1.74% over the past month, outpacing the Utilities sector's loss of 0.41% and the S&P 500's loss of 1.34%.
Analysts and investors alike will be keeping a close eye on the performance of Dominion Energy in its upcoming earnings disclosure. The company is forecasted to report an EPS of $0.82, showcasing a 9.33% upward movement from the corresponding quarter of the prior year. At the same time, our most recent consensus estimate is projecting a revenue of $3.92 billion, reflecting a 2.79% rise from the equivalent quarter last year.
Looking at the full year, the Zacks Consensus Estimates suggest analysts are expecting earnings of $3.59 per share and revenue of $17.78 billion. These totals would mark changes of +4.97% and +7.73%, respectively, from last year.
Investors should also take note of any recent adjustments to analyst estimates for Dominion Energy. These revisions help to show the ever-changing nature of near-term business trends. As such, positive estimate revisions reflect analyst optimism about the business and profitability.
Our research reveals that these estimate alterations are directly linked with the stock price performance in the near future. To exploit this, we've formed the Zacks Rank, a quantitative model that includes these estimate changes and presents a viable rating system.
The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has remained steady. At present, Dominion Energy boasts a Zacks Rank of #3 (Hold).
Digging into valuation, Dominion Energy currently has a Forward P/E ratio of 19.05. Its industry sports an average Forward P/E of 18.25, so one might conclude that Dominion Energy is trading at a premium comparatively.
The Utility - Electric Power industry is part of the Utilities sector. With its current Zacks Industry Rank of 156, this industry ranks in the bottom 37% of all industries, numbering over 250.
The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com.
The U.S. nuclear industry just received an injection of nuclear fuel from the federal government. On Tuesday, the Department of Energy (DoE) announced it was providing loans to help finance five nuclear projects in the country. While the announcement was short on details, it was unquestionably a boon for both the nuclear industry and the broader utilities space. Let’s dig in.
A new push from the FedsThe DoE’s press release stated that the program centers on one particular company and reactor — Westinghouse and its AP1000. Westinghouse is a joint venture between nuclear fuel specialist Cameco (CCJ 2.07%) and Brookfield Renewable Partners (BEP 0.34%).
Image source: Getty Images.
This stands to reason, as the DoE pointed out that the AP1000 is the sole large-scale advanced commercial reactor licensed for use and currently operating in the country.
The specific goal is to shorten the manufacturing and delivery times for the many sophisticated, specialized components used to build reactors. At the moment, there’s a global bottleneck in the supply chain for such goods; the DoE’s initiative aims to help resolve it with cold, hard government cash.
Under the program, Westinghouse is to partner with up to five utilities and/or energy companies to effect this. Each of the five loans will support two reactors at a project site. Westinghouse will act as something of a coordinator for the project, procuring the needed goods at fixed prices.
Once completed, the projects will be jointly owned by Westinghouse and its partner. Both entities in each undertaking are required to fully commit $500 million in project equity apiece.
Westinghouse has apparently already selected its partners, as the DoE said the company signed letters of intent with seven of them (with up to five, again, ultimately being approved by the Department). Neither it nor the government has identified any of these companies, so we don’t yet have a fix on who they might be.
We can, however, make some educated guesses on who might be up for a bit of work on the program, and who might end up operating the new reactors.
Stocks going nuclearThe company that leaps immediately to my mind is Cameco, as it’s already deeply involved with Westinghouse, owning a 49% stake in the company. Even if it didn’t own a single dollar of its equity, Cameco is a major uranium miner and key supplier of the fuel, which will be needed to power those 10 planned reactors.
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Another prime candidate is GE Vernova, which has done well in the current nuclear boom — a cornerstone of the government’s energy policy, by the way — in an era when the heavy energy resource needs of artificial intelligence (AI) technology require build-outs of large, reliable power solutions. This company has been doing brisk business in steam turbines and generators for the nuclear industry, and as a go-to manufacturer, it’s nearly a lock to be chosen for the initiative.
Southern (SO +0.90%) is also a juicy candidate, as it operates the only two AP1000s currently producing energy in this country. Given that experience, plus the fact that it holds an operational blueprint for this highly complex reactor, it could theoretically construct and implement a new build relatively quickly.
Dominion Energy (D +1.18%) and Constellation Energy (CEG 0.91%) are two major energy producers in the U.S., and to me, they look like fine candidates to operate reactors. The former operates in the Washington, D.C., area “data center alley,” so-called because the region has the highest concentration of hyperscale data centers on this planet.
As for Constellation, simply by virtue of the fact that it currently operates the largest nuclear fleet in America, it should be top of the candidate list for the project’s reactors. It’s also got plenty of large-scale clients, as it recently inked a long-term energy supply deal to feed a key Walmart (WMT 0.33%) warehouse in Illinois.
The boat-lifting tide keeps risingAll in all, though, this deal is unquestionably beneficial for the nuclear industry and the energy and utility companies that have embraced nuclear assets. They are the backbone of this determined, top-down push into this classic but still next-generation form of energy generation, and I don’t think that momentum will slow even when, and if, the political winds shift in this country.